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The Standard e-Paper
Informed Minds Prefer The Standard
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
What is a Eurobond? The name Eurobond is a misnomer and can sometimes be misleading. From the word, you would think either Eurobonds were about the European bond markets or the European currency, the euro. However, Eurobond has nothing to do with Europe or its currency. The term "Euro" in this context is simply used to refer to the international aspect of the bonds. A Eurobond is, therefore, a bond that is issued in a currency other than the currency of the country where it is issued.
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