An international bond that is sold primarily in countries other than the country of the currency in which the issue is denominated is called ________.

Question

Quizplus · Accepted Answer

A Eurobond is a bond issued in a currency other than the currency of the country where it is issued. It is sold primarily in countries other than where the currency is denominated. Therefore, Option C is the correct answer. Sovereign bonds are issued by governments, and they may be sold in the country where the currency is issued or in other countries. Foreign bonds are issued by foreign entities but are denominated in the country's currency where the bond is sold. Global bonds are issued in multiple countries and are denominated in different currencies.

An International Bond That Is Sold Primarily in Countries Other