An issue of bonds that is sold simultaneously in several countries is called:
A)funded.
B)Eurobond.
C)subordinated.
D)sinking fund.

Question

Quizplus · Accepted Answer

Eurobond is the term used to describe a bond issue that is sold simultaneously in several countries. Funded refers to the total amount of financial support available for a project or program. Subordinated refers to a type of bond that ranks lower in priority for payment in the event of bankruptcy. Sinking fund refers to a fund set up by a corporation to regularly retire a portion of their outstanding bonds.

An Issue of Bonds That Is Sold Simultaneously in Several