A bond issued by a Venezuelan company,denominated in U.S.dollars,and sold in Britain,France,and Germany is an example of a ________.

Question

Quizplus · Accepted Answer

The given scenario describes a Eurobond. Eurobonds are bonds issued in a currency other than the currency of the country in which they are issued, and are frequently marketed to investors outside of the country of issue. The bond in this scenario is denominated in U.S. dollars (a currency different from that of Venezuela) and sold in Britain, France, and Germany.

A Bond Issued by a Venezuelan Company,denominated in U