A Eurobond is defined as a bond that is issued in a currency other than the currency of the country or market in which it is issued. It is not limited to bonds denominated in euros or issued by European entities. It refers to any bond issued in a foreign currency.

Solved

A Eurobond Is

Question 46

Multiple Choice

A Eurobond is

A) a general term for any bond that is denominated in euros.
B) a bond issued by the European central bank and denominated in euros.
C) a bond that is issued by a foreign firm and denominated in a currency foreign to the country in which the bond is sold.
D) a bond that is issued by a non-EU nation but is denominated in euros and is sold in the EU.

Correct Answer: