Asked by Jaime Andres on Jun 26, 2024
Verified
Eurobond is another name for a foreign bond.
Eurobond
International bonds issued in multiple countries but denominated in a single currency (usually the issuer’s currency).
Foreign Bond
A bond issued in a country by a foreign entity, denominated in the issuing country's currency.
- Understand the differences between foreign bonds and Eurobonds.
Verified Answer
JK
Jennifer KoorsJun 27, 2024
Final Answer :
False
Explanation :
Eurobonds are international bonds issued in a currency not native to the country where it is issued, whereas foreign bonds are issued by a foreign borrower in the currency of the country where the bond is issued.
Learning Objectives
- Understand the differences between foreign bonds and Eurobonds.
Related questions
Foreign Bonds Are Usually Denominated in the Currency of the ...
Which of the Following Best Describes Eurodollars ...
A Eurobond Is Denominated in the Currency of the Country ...
A Foreign Bond Is Identical to Domestic Bonds Except That ...
Eurobonds Are Denominated in a Currency Other Than That of ...