All of the options are true. Global bond issues, which are bonds sold in multiple countries across the world, can typically save U.S. issuers 20 basis points or more, have increased liquidity compared to Eurobonds or domestic bonds, and have been facilitated, in part, by SEC Rule 144A, which allows qualified institutional investors to trade unregistered securities.

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Global Bond Issues

Question 27

Multiple Choice

Global bond issues

A) can save U.S.issuers 20 basis points relative to domestic bonds,all else equal.
B) tend to have increased liquidity relative to Eurobonds or domestic bonds.
C) have been partially facilitated by rule 144A.
D) all of the options

Correct Answer: