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The euro quickly became a major international currency: the euro bond market soon came to rival the dollar bond market; euro bank notes began circulating around the world.
INVESTORS looking for more than the paltry yields on US Treasuries might consider Côte d'Ivoire's eurobond (as a dollar bond issued outside America is known).
Once London had built up an international expertise in dollar bond issuance, distribution and underwriting, it became easy to transfer these skills to other currencies.
A global dollar bond due in 2008 was priced at $78.55 to yield 15.97 percent, J. P. Morgan Chase, one of the banks managing the swap, told investors.
Ukraine's sovereign dollar bond prices surged after the news, indicating that traders viewed the remaining debt to be on a more secure footing.
Grant is indentured to his job in the outback for another year — he must pay off a thousand dollar bond before he can leave — and loathes everything about life in the plains.
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Emerging-market dollar bonds are in full bloom this year.
Dollar bonds now account for just 28% of their outstanding government debt.
Banned from borrowing directly from banks, they have been active issuers of dollar bonds.
It's also worth asking why junk dollar bonds in Asia have rallied so fast this year.
The Thai government is also weighing its first dollar bonds since the crisis.
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