【学习笔记】International Finance 国际金融论研究 学习笔记-39

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【学习笔记】International Finance 国际金融论研究 学习笔记-39

Part II

International Financial Markets -2

Ch11 -2

InternationalMoney Market

International Money Market

        Eurocurrency is a time deposit in an international bank located in acountry different than the country that issued the currency.

1.     For example, Eurodollars areU.S. dollar-denominated time deposits in banks located abroad.

2.     Euroyen are yen-denominated time deposits inbanks located outside of Japan.

3.     The foreign bank doesn’t haveto be located in Europe.

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