Widget Corp., a multinational technology company based in Zaneland, issues a bond for its investors who live in Belwick in the currency of Belwick. This type of bond is known as a(n) _____.

Question

Quizplus · Accepted Answer

A foreign bond is issued by a foreign company in the host country's domestic market and in the host country's currency. In this case, Widget Corp. is a Zaneland-based company issuing bonds in Belwick in Belwick's currency, making it a foreign bond.