Q274
Eurobonds are issued by financial firms to
A.
avoid taxes
AnswerB.
avoid interest hike
C.
avoid high floating rate
D.
avoid portfolio issues
Answer: Option A
Solution
Answer: Option A
Solution:
Eurobonds are issued by financial firms to avoid taxes. A eurobond is denominated in a currency other than the home currency of the country or market in which it is issued. These bonds are frequently grouped together by the currency in which they are denominated, such as eurodollar or euroyen bonds.