Foreign companies have begun to sell Euro-convertible bonds

Question

Quizplus · Accepted Answer

Euro-convertible bonds are bonds that can be converted into shares of the issuing company. They are often used by foreign companies to raise capital in international markets. The conversion value of a Euro-convertible bond is typically expressed in the currency of the country where the bond is issued. The par value and interest payments on a Euro-convertible bond are typically denominated in dollars.

Foreign Companies Have Begun to Sell Euro-Convertible Bonds