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Bonds which are denominated in dollars and are issued in canters of London and Luxemburg are classified as Eurodollar bonds. A Eurodollar bond is a U.S.-dollar denominated bond issued by an overseas company and held in a foreign institution outside both the U.S. and the issuer's home country. Eurodollar bonds are an important source of capital for multinational companies and foreign governments. A Eurodollar bond is a type of Eurobond.
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