_____ are sold outside of the borrower's country and are denominated in the currency of the country in which they are issued.

Question

Quizplus · Accepted Answer

Foreign bonds are sold outside of the borrower's country and are denominated in the currency of the country in which they are issued. Eurobonds are sold in countries other than the one in whose currency the bond is denominated, but the borrower is from the country in whose currency the bond is denominated. Convertible bonds can be converted into a predetermined number of shares of the issuing company's common stock, and regulatory bonds refer to bonds that are issued to meet regulatory requirements, such as those related to insurance companies or banks.

_____ Are Sold Outside of the Borrower's Country and Are