Meaning of “Yankee bond” in the English Dictionary

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"Yankee bond" in Business English

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Yankee bondnoun [ C ]

uk us FINANCE, STOCK MARKET

a bond in dollars sold in the US by a foreign bank or organization:

Yankee bonds typically offer a little extra yield than similarly rated U.S. corporate bonds.

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