|
Definition: A yankee bond is a bond issued by foreign institutions in the United States. These bonds are denominational in the form of dollars.
More in depth: Issuance in the Yankee bond market is dependent on a few factors, such as U.S. interest rates and the value of the dollar. If interest rates decline, issuance of Yankee bonds will rise as foreign issuers take advantage of lower costs associated with raising capital in the U.S. In an appreciating dollar environment, issuance of Yankee bonds will rise as issuers take advantage of the dollar's increasing purchasing power.
|
Set Concrete Goals
Rights Issue