Yankee Bond

Foreign bond issued in the United States

A Yankee Bond is a bond issued by a foreign entity, such as a bank or company, that is issued and traded in the United States and denominated in U.S. dollars. For instance, Company ABC is headquartered in France. ABC issues dollar bonds in the United States, the bonds are Yankee bonds. Yankee bonds are normally issued in tranches, a debt structure that divides the investment into portions. Typically each portion has a different level of risk, interest rates, and maturities. Investors buy Yankee bonds to access overseas firms. Yankee bonds are like other bonds. The borrower pays interest and principal. Yankee Bonds are administered by the Securities Act of 1933. Issuers register Yankee Bonds with the Securities and Exchange Commission (SEC) before offering them for sale.

This keyword could refer to multiple things. Here are some suggestions: