The security which is a deposit "denominated in dollars but held in banks abroad" is a:
A) Federal agency security
B) Treasury bill
C) Federal funds
D) Negotiable certificate of deposit
E) Bankers acceptance
F) Commercial paper
G) Eurodollar
H) U.S. Government bond
I) None of the above

Question

Quizplus · Accepted Answer

Eurodollars are deposits denominated in U.S. dollars but held in banks outside the United States, not under the jurisdiction of the Federal Reserve. This makes them a part of the international money market.

The Security Which Is a Deposit "Denominated in Dollars but Held