Long-term debt instruments sold by firms to investors in countries other than the country in whose currency the bonds are denominated are called _____.

Question

Quizplus · Accepted Answer

Eurobonds are long-term debt instruments sold by firms to investors in countries other than the country in whose currency the bonds are denominated. Samurai bonds (A) are yen-denominated bonds issued in Japan by foreign companies or governments, while foreign bonds (C) are issued by a foreign entity in the local currency of the country in which it is marketed. Currency bonds (D) are bonds that are denominated in a currency other than the issuer's domestic currency.

Long-Term Debt Instruments Sold by Firms to Investors in Countries