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Welcome to our lesson on Eurobonds, a commonly used term in the world of finance. As the name suggests, these are bonds that are issued in a currency different from the issuer's country. Governments, international agencies, and corporations often utilize Eurobonds to raise funds in a foreign market. These bonds are usually denominated in a major currency, such as US dollars or Euros, and are not subject to the regulations of the country where they are issued.
To put it simply, Eurobonds provide an opportunity for issuers to access a larger pool of investors and potentially secure cheaper financing, as they are not limited to their domestic market. Additionally, investors are attracted to Eurobonds for their potential for higher returns and diversification benefits. However, it is important
