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Which of the Following Is NOT a Feature of Eurobonds

Question 55

Multiple Choice

Which of the following is NOT a feature of eurobonds?


A) The predominant currency of issue is the USD.
B) The coupon rate of most eurobonds is reset every six months, based on the LIBOR.
C) The amount raised in a eurobond issue is generally at least USD 50 million.
D) Most fixed-rate issues are structured with the principal repayable on maturity.

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