Asked by Timyia Thomas on Jul 24, 2024
Verified
A Eurobond is denominated in a currency other that of the country in which it is sold and the majority of Eurobonds are issued in U.S. dollars.
Eurobond
An international bond issued in a currency not native to the country where it is issued.
U.S. Dollars
The official currency of the United States, widely used as a standard of exchange in international markets.
- Understand the concept and implications of Eurobonds and their role in international finance.
Verified Answer
JB
Junace BolandJul 27, 2024
Final Answer :
True
Explanation :
Eurobonds are typically issued in a currency other than that of the country in which they are sold, and the majority of Eurobonds are indeed issued in U.S. dollars.
Learning Objectives
- Understand the concept and implications of Eurobonds and their role in international finance.