Question

A eurobond is: Select one: a. a bond issued by the European Union or a member...

A eurobond is:

Select one:

a. a bond issued by the European Union or a member country of the European union.

b. a bond denominated in euros.

c. a bond issued in Europe.

d. a US dollar bond issued in Europe.

e. a bond issued outside of the country in the currency of which it is denominated.

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Answer #1

Answer : Correct Option is (e.) a bond issued outside of the country in the currency of which it is denominated.

Reason :

eurobond should nt be confused with Eurobond as one with capital E are the bonds  issued by the European Union or a member country of the European union.However eurobond is of bond which is issued in a currency such as us dollar or any other currency which is not similar to the country/market in which bond is issued. Therefore Correct option is a bond issued outside of the country in the currency of which it is denominated.

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