Which of the following statements is false?
A) Any bond sold outside the country of the borrower is called an international bond.
B) Foreign bonds and Eurobonds are two important types of international bonds.
C) Foreign bonds are bonds sold by a foreign borrower but denominated in the currency of the country in which the issue is sold.
D) The term Eurobond specifically applies to any foreign bonds denominated in U.S.currency.
E) None of the above.

Question

Quizplus · Accepted Answer

The term Eurobond does not specifically apply to foreign bonds denominated in US currency. Eurobonds are actually bonds issued in a currency other than the currency of the country where the bond is issued.

Which of the Following Statements Is False