Eurobonds can be classified in the following categories:

Straight Fixed rates with fixed redemption
FRNs and VRNs Variable rate note
Subordinated issues Bonds where the bondholder’s right to payments (principal and interest) is subordinate to the right of creditors.
Asset-backed issues Bonds where the credit of the securities depends segregated assets.
Convertibles Bonds that can be exchanged for shares, at a predetermined price.

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