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A convertible bond is a bond that can be converted into a predetermined amount of the company's equity at certain times during its life, usually at the discretion of the bondholder. An Euro convertible bond is a bond issued by a company in a market other than its country of operation. Certain countries do not permit issue of ECBs by its companies since till the time of conversion the amount will add to the external debt of the country.

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βˆ™ 17y ago
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βˆ™ 12y ago

The Euro bond market is the market for bonds in the European Union.

Basic right? Bonds are another name for debt, usually sovereign debt (national or municipal debt). The European Union can either represent 27 countries in Europe or the fewer countries which adopted the Euro as their currency.

Essentially the Euro Bond Market is government debt issued in Euros covering any of the participating countries (Germany and France or even Greece and Italy).

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Q: What is Euro Convertible Bond?
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