Eurobonds are usually offered simultaneously in several national capital markets,but neither in the capital market of the country,nor to residents of the country,in whose currency they are denominated.

Question

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Eurobonds are named as such because they are denominated in a currency different than the country of issuance. For example, a German company may issue eurobonds denominated in US dollars, which would be offered in multiple international capital markets but not in Germany. Additionally, eurobonds are typically not available for purchase by residents of the country of issuance.

Eurobonds Are Usually Offered Simultaneously in Several National Capital Markets,but