Maple Bond

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).