Yankee market
The foreign market in the United States.
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Archive for the 'Y Glossary' Category
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Yankee CD
A CD issued in the domestic market, typically New York, by a branch of a foreign bank.
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Yankee bonds
Foreign bonds denominated in US$ issued in the United States by foreign banks and corporations. These bonds are usually registered with the SEC. For example, bonds issued by originators with roots in Japan are called Samurai bonds.
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