Ask Question
17 February, 19:59

A "foreign bond" issue is

a. one denominated in a particular currency but sold to investors in national capital markets other than the country that issued the denominating currency.

b. one offered by a foreign borrower to investors in a national market and denominated in that nation's currency.

c. for example, a German MNC issuing dollar-denominated bonds to U. S. investors.

d. both b and c

+3
Answers (1)
  1. 17 February, 21:41
    0
    d. both b and c

    A foreign bond is when a foreign entity issues a bond in a local market and in local currency so for example if a Italian company issued a bond to borrow money from American markets, and the bond was issued in USA and it's currency was dollars then it would be classified as a foreign bond so in this case both B and C are correct because a German MNC issuing dollar denominated bonds is an example of a foreign entity issuing a bond in a local market denominated in local currency, and a bond issues by a foreign borrower to investors in national market and denominated in that nation's currency is also an example of a foreign bond
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A "foreign bond" issue is a. one denominated in a particular currency but sold to investors in national capital markets other than the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers