Bonds issued outside the borrower's country and denominated in the currency of the country in which it is issued are known as:
A)foreign bonds.
B)domestic bonds.
C)eurobonds.
D)Australian bonds.

Question

Quizplus · Accepted Answer

Foreign bonds are issued in a domestic market by a foreign borrower, denominated in the domestic currency of the market in which they are issued.

Bonds Issued Outside the Borrower's Country and Denominated in the Currency