Term:
Special Drawing Right (SDR) bond
Definition:
The SDR bond is issued in the currency of the IMF. The SDR is a composite currency unit based on a standard basket system of valuation. SDR bonds are traded only in U.S. dollars.
Domain:
Finance
Source:
Coordinated Portfolio Investment Survey Guide, Second Edition, International Monetary Fund, 2002, Washington DC. Appendix VI: Definition and Description of Instruments
