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If Yankee issue and a dollar Eurobonds have the same nominal coupon, which one pays more valuable interest?

April 26, 2017coupon dollar eurobonds ISSUE nominal pays valuable yankee

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If Yankee issue and a dollar Eurobonds have the same nominal coupon, which one pays more valuable interest?

1 Answer

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Eurobond pays interest annually, while the Yankee bond pays it semi-annually. So the Yankee issue, if it has the same nominal coupon, is more valuable.