A 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 that is sold in a currency different from the country of the issue's currency and is sold primarily in countries other than the country of the currency in which the issue is denominated. Sovereign bonds are issued by governments, but they may be issued in the domestic currency or a foreign currency. A foreign bond can be issued by a foreign entity, but it does not necessarily have to be sold primarily in countries other than the country of the currency in which the issue is denominated. Double Dutch bond is not a commonly used term in finance.

A Bond That Is Sold Primarily in Countries Other Than