A foreign bond is a bond:
A)issued in the currency of the country in which it is being sold.
B)issued outside the country in whose currency it is denominated.
C)that is sold simultaneously in several global financial centers.
D)that is denominated in one currency, usually U.S.dollars or euros.
E)which is not regulated by the governments of the countries in which they are sold.

Question

Quizplus · Accepted Answer

A foreign bond is issued in the local currency of the country where it is being sold, but it is issued by a foreign entity. This allows investors to invest in foreign entities while taking on currency risk associated with the country in which the bond is issued.

A Foreign Bond Is a Bond