A foreign currency denominated bond whose returns are based on the performance of a specified stock or stock index in the market. Because it is denominated in foreign currency, equity linked Eurobonds hedges against foreign exchange rate risk.
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non-equity linked Eurobond issues in the currency of denomination of the issue to the value of USD issues. It captures the relative importance of the currency of ...
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issued a non-equity linked Eurobond issue in the prior three-year period. ... non- equity linked Eurobond market share of the consolidated underwriting group.