Global Bond

Are you a global traveler? Well, bonds can be, too.

Global bonds are bonds that are of one currency, but are traded and sold in foreign markets.

For instance, a USD bond sold on a European market is a global traveler...er, global bond (these specifically are sometimes called “Eurobonds”). Likewise, a European bond sold in a Japanese market is a global bond.

Why are bonds crossing borders in the first place? Smart investors like to have some safer investments (bonds) and don’t want to keep all of their eggs in one basket (diversification means tapping the foreign market, no matter what country you’re in). If you can’t be a global traveler right now, well, you can start by getting your hands on a global bond at least (and live vicariously through it).