Which type of bond is denominated in one or more currencies but is traded in external markets outside the borders of the countries issuing the currencies?

Question

Quizplus · Accepted Answer

Eurobonds are denominated in one or more currencies and are traded outside the borders of the countries issuing the currencies. The term "Euro" in Eurobond refers to the fact that the first Eurobonds were denominated in European currencies and offered to investors outside the country of issuance. Since then, Eurobonds have been issued in a variety of currencies and are a popular choice for multinational corporations, governments, and international organizations.

Which Type of Bond Is Denominated in One or More