Bonds that are sold in a foreign country and are denominated in a currency other than that of the country in which it is sold are known as
A)foreign bonds.
B)Eurobonds.
C)equity bonds.
D)country bonds.

Question

Quizplus · Accepted Answer

Bonds that are sold in a foreign country and are denominated in a currency other than that of the country in which it is sold are known as Eurobonds. Foreign bonds are issued by a foreign borrower in a domestic market, while equity bonds do not exist as a financial instrument. Country bonds are vague and not a recognized financial instrument.

Bonds That Are Sold in a Foreign Country and Are