Q184
Bonds which are denominated in dollars and are issued in canters of London and Luxemburg are classified as
A.
London bonds
B.
Eurodollar bonds
AnswerC.
central bonds
D.
decentralize bonds
Answer: Option B
Solution
Answer: Option B
Solution:
Bonds which are denominated in dollars and are issued in canters of London and Luxemburg are classified as Eurodollar bonds. A Eurodollar bond is a U.S.-dollar denominated bond issued by an overseas company and held in a foreign institution outside both the U.S. and the issuer's home country. Eurodollar bonds are an important source of capital for multinational companies and foreign governments. A Eurodollar bond is a type of Eurobond.