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

Question

Quizplus · Accepted Answer

A foreign bond issued in the United States and denominated in dollars is called a Yankee bond. American Depository Receipts (ADRs) are securities that represent ownership in shares of foreign companies, but are traded on U.S. stock exchanges. European Currency Units (ECUs) were a basket of currencies used in international trade, but have been replaced by the euro. Swap bonds are bonds in which the issuer has the option to exchange the bond for another form of compensation. Eurobonds are bonds issued in a currency other than that of the country where they are issued.

A Foreign Bond Issued in the United States and Denominated