____ bonds normally are denominated in the currency of the country of sale.
A) Eurodollar
B) International
C) Foreign
D) LIBOR

Question

Quizplus · Accepted Answer

Foreign bonds are issued in the currency of the country in which they are sold. Eurodollar bonds are denominated in US dollars but sold outside of the United States. International bonds are issued in multiple currencies. LIBOR (London Interbank Offered Rate) is a benchmark interest rate used for various financial instruments, including loans and bonds, but it is not a type of bond.

____ Bonds Normally Are Denominated in the Currency of the Country