Vidyalelo
Management · Q227

International Finance and Treasury

Graduate and Post Graduate · Management · question 227

Q227

Eurobonds are placed for buying and selling in primary markets by

A.
investment banks
Answer
B.
commercial banks
C.
euro transfer agencies
D.
currency deposit banks

Answer: Option A

Solution

Answer: Option A
Solution:
Eurobonds are placed for buying and selling in primary markets by investment banks. An investment bank (IB) is a financial intermediary that performs a variety of services. Most Investment banks specialize in large and complex financial transactions, such as underwriting, acting as an intermediary between a securities issuer and the investing public, facilitating mergers and other corporate reorganizations and acting as a broker or financial adviser for institutional clients.