Maple Bond
Categories: Bonds
The sweetest of bonds, the Maple Bond is a bond denominated in Canadian dollars, but sold by foreign banks and financial institutions in Canada. Maple bonds give Canadian investors foreign investment options that they can keep in their own currency, which means no extra layer of worrying about exchange rate fluctuations.
For non-Canadian companies, Maple Bonds give foreign companies the chance to get more Canadian investment, since it’s a lower barrier to entry when a foreign asset is in your own currency (Canadian dollars for Canadians). Maple Bonds have had waves of popularity, taking a dip after the credit crisis of 2008...but are up in recent years again (for now).
Similar to Maple Bonds are Samurai Bonds (non-Japanese bonds sold in Japanese yen in Japan) and Bulldog Bonds (same thing, but British).
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Finance: What is a Yankee Bond?36 Views
Finance allah shmoop what is a yankee bond We're safe
We're sound we're saying at least that's how we look
financially when you know the u s has compared with
most of the rest of the world that's why a
bunch of countries issue their own bonds denominated in u
s dollars you know countries like panama el salvador micronesia
and macron asia Well ours is ah hard currency and
that we don't or at least haven't historically created massive
ten percent a month inflation to deflate the value of
our own currency and well that would make it super
easy for our government to pay off its ludicrously high
death but we don't do that We respect the people
who loaned money to us including our own citizens So
we have a hard currency It just kind of stays
where it is Yes there's inflation Yes we raise the
rates a little bit here and there defended but generally
just kind of does its thing So we fight hard
to keep that trust that the rest of the world
often values more than well trust in their own governments
or at least their own government's ability to manage their
currency when they issue say argentinean bonds payable in u
s dollars Well then that's a yankee bond And we 00:01:14.819 --> [endTime] are the banker And well they are the yankee