Yankee Bond

Yankee Bond
A bond denominated in U.S. dollars that is publicly issued in the U.S. by foreign banks and corporations. According to the Securities Act of 1933, these bonds must first be registered with the Securities and Exchange Commission (SEC) before they can be sold. Yankee bonds are often issued in tranches and each offering can be as large as $1 billion.

Due to the stringent regulations and standards that must be adhered to, it may take up to 14 weeks (or 3.5 months) for a Yankee bond to be offered to the public. Part of the process involves having debt-rating agencies evaluate the credit worthiness of the Yankee bond's underlying issuer.

Foreign issuers tend to prefer issuing Yankee bonds when U.S. interest rates are low because this means lower interest payments for the foreign issuer.

Investment dictionary. . 2012.

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  • Yankee bond — A US dollar bond issued in the USA by a foreign issuer. Dresdner Kleinwort Wasserstein financial glossary * * * Yankee bond Yankee bond ➔ bond * * *    A dollar bond issued in the US, by a foreign borrower, registered with the SEC.    ► See also… …   Financial and business terms

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  • yankee bond —  A bond issued by non U.S. entities trading in the U.S. stock market.  ► “In the corporate market a total of $450 million of corporate debt was priced, including a $250 million, two part issue for Darden Restaurants and a $200 million Yankee bond …   American business jargon

  • Yankee bond — / jæŋki bɒnd/ noun a dollar bond issued in the American market by a non US company. Compare bulldog bond, samurai bond …   Dictionary of banking and finance

  • yankee bond — /ˈjæŋki bɒnd/ (say yangkee bond) noun Finance a bond or fixed interest security that is issued by groups domiciled outside the United States, denominated in US dollars and offered in the US domestic market …  

  • Yankee bond — a bond issued by a foreign corporation or country designed for sale in the U.S. * * * …   Universalium

  • Yankee bond — A bond issued in the US domestic market by a borrower that is not a US resident company …   Accounting dictionary

  • Yankee bond — A bond issued in the USA by a foreign borrower …   Big dictionary of business and management

  • Yankee bond — a bond issued by a foreign corporation or country designed for sale in the U.S …   Useful english dictionary

  • Yankee (disambiguation) — A Yankee is someone of United States origin or heritage.* A soldier identified as a Patriot during the American Revolutionary War * A Union soldier during the American Civil War * Swamp Yankee, a rural resident of Rhode Island or Connecticut with …   Wikipedia

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