Q337
Foreign bonds issued in United States financial institutions are classified as
A.
bull dog bonds
B.
bull cat bonds
C.
Yankee bonds
AnswerD.
samurai bonds
Answer: Option C
Solution
Answer: Option C
Solution:
Foreign bonds issued in United States financial institutions are classified as Yankee bonds. Yankee bonds are bonds issued in the U.S. bond market by a foreign entity, and they are denominated in U.S. dollars. Governments, companies, and other entities issue Yankee bonds.