Secured Loans
A short-term fixed rate time deposit denominated in a currency other than the
local currency (i.e. US$ deposited in a London bank).
Eurocurrency market
The money market for borrowing and lending currencies that are held in the form
of deposits in banks located outside the countries where the currencies are
issued as legal tender.
Eurodollar
Refers to a certificate of deposit in U.S. dollars in a bank that is not located in the
U.S. Most of the Eurodollar deposits are in London banks but it is possible to
have Eurodeposits anywhere other than the U.S. Similarly, a Euroyen or EuroDM
deposit represents the CD in Yen or DM outside Japan and Germany,
respectively.
Eurodollar bonds
Eurobonds denominated in U.S.dollars.
Euroequity issues
Securities sold in the Euromarket. That is, securities initially sold to investors
simultaneously in several national markets by an international syndicate.
Euromarket. Related: external market
Euro lines
Lines of credit granted by banks (foreign or foreign branches of U.S. banks) for
Eurocurrencies.
Euro-medium term note (Euro-MTN)
A non-underwritten Euronote issued directly to the market. Euro-MTNs are
offered continuously rather than all at once as a bond issue is. Most Euro-MTN
maturities are under five years.
EuroNM
Created on March 1, 1996, Euro.NM is a pan-European network of regulated
markets dedicated to growth companies, regardless of their sector of activity or
country of origin. Euro.NM member exchanges and their respective new markets
consist of the Paris Stock Exchange (Le Nouveau Marché), Deutsche Börse AG
(Neuer Markt), Amsterdam Exchanges (NMAX) and the Brussels Stock
Exchange (Euro.NM Belgium)
