Q368
Foreign bonds that are issued before Eurobonds are also called as
A.
traditional international bonds
AnswerB.
traditional local bonds
C.
traditional global bonds
D.
traditional currency bonds
Answer: Option A
Solution
Answer: Option A
Solution:
Foreign bonds that are issued before Eurobonds are also called as traditional international bonds. An international bond is a debt investment that is issued in a country by a non-domestic entity. International bonds are issued in countries outside of the United States, in their native country's currency. They pay interest at specific intervals and pay the principal amount back to the bond's buyer at maturity.