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Management · Q311

International Finance and Treasury

Graduate and Post Graduate · Management · question 311

Q311

Eurobonds are denominated in only one currency which is

A.
Canadian dollars
B.
us dollars
C.
Euros
Answer
D.
Japanese yen

Answer: Option C

Solution

Answer: Option C
Solution:
Eurobonds are denominated in only one currency which is Euros. Eurobonds are bonds denominated in a currency different from the currency of the countries in which they are issued and sold. The name Eurobond has nothing to do with euros or even with Europe.