Eurobonds are denominated in a currency other than that of the country in which they are sold.

Name: Eurobonds are denominated in a currency other than that of the country in which they are sold.
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Eurobonds are called so because they are typically issued in a currency other than that of the country in which they are sold. For example, a German company may issue eurobonds denominated in US dollars, which can be sold in the United States or around the world.

Eurobonds Are Denominated in a Currency Other Than That of the Country