Eurobonds are bonds denominated in a currency different from the country where they are issued. For example, a bond issued in Japan denominated in US dollars would be considered a eurobond. The term eurobond does not refer to bonds issued exclusively in Europe or denote the credit quality of the bond.

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Eurobonds Are

Question 100

Multiple Choice

Eurobonds are

A) issued in a country different from the one in whose currency the bond is denominated.
B) issued only in Europe.
C) the European equivalent of a junk bond.
D) none of the above.

Correct Answer: