Q343
Bond which is denominated in dollars and is issued in European financial markets is considered as
A.
Australian bonds
B.
Eurobonds
AnswerC.
interbank bonds
D.
None of the above
Answer: Option B
Solution
Answer: Option B
Solution:
Bond which is denominated in dollars and is issued in European financial markets is considered as Eurobonds. A Eurobond is debt instrument that's denominated in a currency other than the home currency of the country or market in which it is issued. Eurobonds are frequently grouped together by the currency in which they are denominated, such as eurodollar or Euro-yen bonds.