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 applies only to foreign bonds denominated in U.S. currency.
E) None of the above.

Question

Quizplus · Accepted Answer

The term Eurobond does not apply only to foreign bonds denominated in U.S. currency. In fact, the term Eurobond refers specifically to bonds denominated in a currency other than that of the country in which they are issued.

Which of the Following Statements Is False