Question

The holders of Eurobonds will be paid in ?

USD

The currency of denomination

The currency of the home country

Euro

Other: If other write in answer

Answer 1

The correct answer is The currency of denomination

The euronds refers to the bonds or debt instruments that are issued in denomination other than domestic currency. These bonds help the companies to raise capital from all over world with the option to issue them in another currency. For example: If eurobonds are issued in US, Then it is termed as Euro-US bonds.

The Eurobonds are more popular because these bonds have small face value and these bonds can traded easily which provides them liquidity.