Formosa Bond

  • A Formosa bond is a bond which is issued in Taiwan but denominated in a currency other than the New Taiwan Dollar.
  • They are issued by the Taiwan branches of publicly traded overseas financial institutions.
  • They fall under the Eurobond category of bonds, as they are denominated by a currency other than that of the country in which they are issued.
  • They can be issued by subsidiaries of foreign companies which already operate in Taiwan.
  • These bonds are listed and traded on the Taipei ....
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