Can anyone explain the difference between euro and global bond with examples?
Eurobond: A Brazilian company issues a bond in Canada denominated in Canadian Dollars (CAD) Brazilian Real or US Dollar for example.
Global Bonds: A Brazilian company issues 3 bonds (presumably at the same time) in Canada, USA and Mexico denominated in Brazilian Real (R$). Also they can be issued in CAD, US dollar, or MXN respectively; and presumably exchanged at the spot exchange rate to Brazilian Real. Both scenarios are possible.
nice example
Wouldn’t this be a foreign bond? My understanding is that a Eurobond is a bond that is denominated in a currency different from the country where it is being issued. So for a Brazilian company issuing a USD bond in Canada, for example.
Yes, you are totally right, good catch. Thanks.