Eurodebt is the term used to designate
A) Debt sold by a foreign borrower that is denominated in the currency of the country where it is sold.
B) European bank loans that are denominated in the new Euro currency.
C) Debt that is denominated in a currency that is different than the currency of the country in which it is sold.
D) Equity instruments of one country that are sold in another country.
E) The certificates that represent ownership in foreign companies that are sold in the United States.

Question

Quizplus · Accepted Answer

Eurodebt refers to debt that is issued in a currency that is different from the currency of the country in which it is sold. For example, a Eurobond is a type of Eurodebt that is issued in a currency other than the currency of the country where it is issued. Eurodebt can be issued by both foreign and domestic borrowers, and can be denominated in any currency or currency basket.

Eurodebt Is the Term Used to Designate