A "foreign" bond is a bond:
A) Sold in the United States by a company in the USA
B) Sold to investors in the local market issued by a company from some other country
C) Sold in Europe by a company from the United States
D) None of the above

Question

Quizplus · Accepted Answer

A "foreign" bond refers to a bond that is issued by a company from one country and sold to investors in another country. Therefore, option B is the correct answer as it describes a bond issued by a foreign company and sold to local investors. Options A and C do not accurately describe a foreign bond.

A "Foreign" Bond Is a Bond