Asked by Conor Keehley on Apr 28, 2024
Verified
A U.S. dollar-denominated bond that is sold in Singapore is a(n)
A) Eurobond.
B) Yankee bond.
C) Samurai bond.
D) Bulldog bond.
Eurobond
An international bond that is denominated in a currency not native to the country where it is issued, offering a way for entities to raise capital in foreign markets.
Yankee Bond
A bond issued by a foreign entity in the United States, denominated in U.S. dollars, allowing issuers to access capital from U.S. investors.
Samurai Bond
A Japanese yen-denominated bond issued in Japan by a non-Japanese entity, aiming to attract investors based in Japan.
- Identify and differentiate between various types of bonds based on their security, purpose, and features.
Verified Answer
LP
Leywes PierreApr 29, 2024
Final Answer :
A
Explanation :
Eurobonds are bonds issued in a currency not native to the country where it is issued. For example, a U.S. dollar-denominated bond issued in Singapore is considered a Eurobond.
Learning Objectives
- Identify and differentiate between various types of bonds based on their security, purpose, and features.