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The continental equivalent of the man on the Clapham Omnibus; a fictional chap of Calvinist prudence who enjoys backgammon and a weekly tipple and who invests his savings in definitive, bearer eurobonds.
Every quarter, this fellow journeys in his 2CV across the border to Luxembourg whereupon he presents neatly clipped coupons to his issuer’s principal paying agent, collects his interest, takes a cheap flight from Aeroport d’Hercule Poirot to Malaga and promptly decamps on a two-week coke-fueled bender across the Balearic.
See also