Formosa bond

Formosa bond
Traditional Chinese福爾摩莎債券
Simplified Chinese福尔摩莎债券

A Formosa bond (Chinese: 福爾摩莎債券; Pe̍h-ōe-jī: Hok-ní-mô͘-sá Chè-kǹg) is a bond issued in Taiwan but denominated in a currency other than the New Taiwan Dollar.[1] They are issued by the Taiwan branches of publicly traded overseas financial institutions and to be traded must have a credit rating of BBB or higher.

  1. ^ "Taiwan Foreign-Denominated Bond Market Q&A" (PDF). GreTai Securities Market. Retrieved 2007-07-04.

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