Asked by Peyton Miller on Jun 23, 2024
Verified
International bonds issued in a single country, and denominated in that country's currency, are called _________________.
A) Treasury bonds.
B) Eurobonds.
C) Gilts.
D) Brady bonds.
E) Foreign bonds.
Foreign Bonds
Bonds issued in a domestic market by a foreign entity, in the domestic market's currency, as a method of securing capital from investors in that market.
International Bonds
Bonds issued in a country by a non-domestic entity, which can be denominated in the domestic or a foreign currency.
- Recognize and elucidate the various kinds of global bonds and their distinct features.
Verified Answer
DJ
David JordanJun 28, 2024
Final Answer :
E
Explanation :
Foreign bonds are issued in a single country by a foreign entity and are denominated in the currency of the country in which they are issued. This distinguishes them from Eurobonds, which are issued in a currency not native to the country where they are issued.
Learning Objectives
- Recognize and elucidate the various kinds of global bonds and their distinct features.
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