Vidyalelo
Management · Q673

International Finance and Treasury

Graduate and Post Graduate · Management · question 673

Q673

Global bond market consists of all bonds sold by issued companies, governments, or other firms

A.
within their own countries
B.
outside their own countries
Answer
C.
to London banks
D.
to developing nations only

Answer: Option B

Solution

Answer: Option B
Solution:
Global bond market consists of all bonds sold by issued companies, governments, or other firms outside their own countries. A global bond is a type of bond that can be traded in a domestic or European market. It is a bond issued and traded outside the country where the currency of the bond is denominated. This type of bond is issued by a non-European company but sells in a European country or any other foreign market.