A ________ is a bond underwritten by a syndicate from a single country, sold within in that country, denominated in that country's currency, but the issuer is from outside that country.
A) foreign bond
B) Eurobond
C) domestic bond
D) none of the above

Question

Quizplus · Accepted Answer

A foreign bond is a bond issued by a foreign entity and sold in a domestic market denominated in the domestic currency. The underwriting syndicate is also from the same country where the bond is sold. Therefore, in a foreign bond, the issuer is from outside the country where the bond is sold, unlike a domestic bond where the issuer and the investor are from the same country.

A ________ Is a Bond Underwritten by a Syndicate from a Single