Meaning of “sterling bond” in the English Dictionary

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"sterling bond" in Business English

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sterling bondnoun [ C ]

uk us FINANCE

a bond that is issued (= offered for sale) in British pounds by a country outside the UK:

If the supply of euro bonds falls relative to the supply of sterling bonds, the euro must strengthen to restore the desired portfolio balance.

(Definition of “sterling bond” from the Cambridge Business English Dictionary © Cambridge University Press)