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Eurobonds are international debt instruments issued in a currency different from the country where they are issued. They are not restricted to a single national market and are usually underwritten by an international syndicate of banks. Unlike domestic bonds, Eurobonds provide issuers with access to a broader investor base and allow investors to diversify their portfolios internationally. They are typically bearer bonds, meaning ownership is not _________ __________ _________ ______ _____ __________ _____ ___ _______.
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