- 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. Academic. 2012.
Look at other dictionaries:
bulldog bond — Foreign bond issue made in London. Bloomberg Financial Dictionary A sterling bond issued in the United Kingdom by a foreign issuer. Dresdner Kleinwort Wasserstein financial glossary * * * bulldog bond bulldog bond ➔ bond * * * A bond… … Financial and business terms
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
bulldog bond — / bυldɒg bɒnd/ noun a bond issued in sterling in the UK mar ket by a non British corporation. Compare samurai bond, Yankee bond … Dictionary of banking and finance
bulldog bond — noun a sterling bond issued on the UK market by a foreign borrower … English new terms dictionary
bulldog bond — An unsecured or secured bond issued in the UK domestic market by a non UK borrower … Accounting dictionary
bulldog bond — A fixed interest bond issued in the UK by a foreign borrower … Big dictionary of business and management
Bond (finance) — In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest (the coupon) to use and/or to repay the principal at a later date, termed maturity.… … Wikipedia
bond — payment by a tenant to a landlord before the tenant takes over the premises and from which the landlord may be able to deduct arrears of rent or the cost of rectifying damage. Glossary of Business Terms (1) A debt security. Sometimes used only in … Financial and business terms
Bond — Bonds are debt and are issued for a period of more than one year. The U.S. government, local governments, water districts, companies and many other types of institutions sell bonds. When an investor buys bonds, he or she is lending money. The… … Financial and business terms
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