Kruller A.G. issues a bond that is offered for sale simultaneously in Europe, the United States, and Japan. Which of the following best describes this bond?

Question

Quizplus · Accepted Answer

A bond that is offered for sale simultaneously in multiple countries, including both developed and emerging markets, is known as a global bond. It is not a foreign bond because it is not limited to one specific foreign country. It is also not a Eurobond because it is not issued and sold exclusively in European markets.

Kruller AG