The structure of a Eurobonds consists in its terms and conditions, which are printed on the actual bond. They are usually grouped as follows:

  • The face

  • The reverse

  • The coupons

The Face

The face of a Eurobond details the name of the borrower, the maturity, the interest base, the rate and the promise to pay interest and principal.

The Reverse

The reverse describes the terms and conditions of the issue and the details of the bank responsible for payment of interests and principal (the paying agents).

The coupons

Coupons are detachable components presented on interest payment dates as evidence of entitlement to payment.

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