Definition of bulldog bond in English:
A sterling bond issued on the UK market by a foreign borrower.
- These sterling bonds are referred to as bulldog bonds as the bulldog is a national symbol of England.
- It can also invest a portion of its assets in interest-bearing securities of other governments and private issuers, such as sterling Eurobonds and bulldog bonds, where interest is generally paid gross.
- CFOs can also consider yen-denominated bonds (Samurai Bonds) and sterling-denominated bonds (Bulldog Bonds), depending on the perceptions of the interest rate and exchange rate movements.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in India
Most popular in Pakistan