【学习笔记】International Finance 国际金融论研究 学习笔记-43

Part II

International Financial Markets -6

Ch11 -6

InternationalMoney Market

Euronotes

        Euronotes are short-term notes underwritten by a group ofinternational investment banks or international commercial banks.

1.     They are sold at a discount from face value and pay backthe full face value at maturity.

2.     Maturity is typically three to six months.