Bulldog Bond


Bulldog Bond
A type of bond purchased by buyers interested in earning a revenue stream from the British pound or sterling. A bulldog bond is traded in the United Kingdom. If the revenue is used to reduce debt also in British pounds, the exchange rate risk is decreased. These bonds are issued by non-British institutions that want to sell the bond in the United Kingdom. U.S. investors can also purchase this bond, but by doing so they take on the risk of the change in value of the sterling.

These sterling bonds are referred to as bulldog bonds as the bulldog is a national symbol of England. The sterling is considered the third largest reserve currency in the world after the U.S. dollar and the euro. This bond is similar to the Yankee bond in that a non-American company can sell these bonds in the United Sates in order to raise capital. The Yankee bond is denominated in U.S. dollars.


Investment dictionary. . 2012.

Look at other dictionaries:

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  • Bulldog bond — Foreign bond issue made in London. The New York Times Financial Glossary * * * bulldog bond bulldog bond ➔ bond * * *    A bond denominated in sterling, issued in the UK by a foreign borrower.    ► See also Bond. * * * bulldog bond UK US noun [C] …   Financial and business terms

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  • bulldog bond — A fixed interest bond issued in the UK by a foreign borrower …   Big dictionary of business and management

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  • Bulldog Drummond — is a British fictional character created by Sapper, a pseudonym of Herman Cyril McNeile (1888 1937), in imitation of the hard boiled noir style detectives appearing in contemporary American fiction. The stories followed Captain Hugh Bulldog… …   Wikipedia


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