A foreign bond issued in the United States and denominated in dollars is called a(n):

Question

Quizplus · Accepted Answer

A bond issued in the United States, denominated in dollars by a foreign issuer is called a Yankee bond. The term Eurobond refers to a bond issued in a currency other than that of the country in which it is issued. European Currency Unit is an old term and American Depository Receipt is not related to bonds. Swap bond refers to a bond whose interest rate is swapped for another benchmark interest rate during its life.

A Foreign Bond Issued in the United States and Denominated