The currency in which a security is issued. At the beginning of 2005 (1999), 31 percent (20 percent) of total debt securities issued worldwide were denominated in EUR, 44 percent (46 percent) in USD and 9 percent (18 percent) in JPY. The EUR, which was only created as a new currency in 1999, had thus already become the second most important international issuing and investment currency. – See vehicle currency.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/