The bonds that are sold to local investors issued by a firm from another country are called:
A) Private placement
B) Foreign bonds
C) Junk bonds
D) Investment grade bonds

Question

Quizplus · Accepted Answer

Foreign bonds are issued by a foreign firm but sold to local investors. Private placement refers to bonds sold directly to select investors rather than through public offerings. Junk bonds are high-risk, high-yield bonds. Investment grade bonds are bonds with a low risk of default and high credit ratings.

The Bonds That Are Sold to Local Investors Issued by a Firm