Glossary entry

English term or phrase:

government bonds converging to EUR

German translation:

Staatsanleihen, die von einer Euro-Konvergenz profitieren

Dec 21, 2004 08:17
19 yrs ago
English term

government bonds converging to EUR

English to German Bus/Financial Finance (general)
Auch aus dem Investment Proposal:
"To profit from specific fixed-rate securities such as convertible bonds, high yield bonds or **government bonds converging to EUR** we again use specialist investment funds."

Discussion

David Moore (X) Dec 21, 2004:
Or then again, it might not... Thanks, Ralf
David Moore (X) Dec 21, 2004:
This might be a Typo for "conver*T*ing"....

Proposed translations

+2
59 mins
Selected

Staatsanleihen, die von einer Euro-Konvergenz profitieren

I don't think "converging" is a typo - a convergence process describes a movement where the yield of a particular (non-euro) sovereign issuer approaches the yield of the euro benchmark issues such as Germany or France. Convergence plays are common strategies for euro accession candidates.
Peer comment(s):

agree Hans G. Liepert : siehe Polen!
4 mins
agree HarryMeir
5 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Vielen Dank und natürlich auch guten Rutsch!"
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