Definition of Yankee Bond
What is a Yankee Bond
A yankee bond is a US dollar-denominated bond that is issued by a non-US issuer in the US capital market. These bonds are subject to US securities laws since they trade on US exchanges.
Glossary of Terms and Phrases
A financial dictionary or glossary is an essential tool to better understand the meaning of a specialized term or phrase. It would obviously make life much easier if everyone spoke the same language and used the same financial terms and phrases but that is not realistic.
We learn new languages to communicate with each other, transact business globally and to appreciate other cultures. Global finance is a specialized language that if understood and mastered, it will provide benefits that help to decrease risk and improve investment returns. Financial literacy is the foundation of developing good investment strategies and sound decision making.