Foreign bonds have all of the following characteristics EXCEPT ______.
A) they are underwritten by an investment banking syndicate
B) they are denominated in the currency of the country of sale
C) they are denominated in euros
D) the bond issuer is from a country other than the country in which the bonds are being issued

Question

Quizplus · Accepted Answer

Foreign bonds are typically denominated in the currency of the country of sale or issued in a different currency than the currency of the issuer's home country. Therefore, option C is incorrect as foreign bonds aren't always denominated in euros.

Foreign Bonds Have All of the Following Characteristics EXCEPT ______