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Tutorial 17658

Which of the following statements is NOT CORRECT? A) The term Eurobond applies only to foreign bonds denominated in U.S. currency. B) Foreign bonds a...

Question:

Which of the following statements is NOT CORRECT?

A) The term Eurobond applies only to foreign bonds denominated in U.S. currency. B) Foreign bonds and Eurobonds are two important types of international bonds. C) A Eurodollar is a U.S. dollar deposited in a bank outside the U.S. D) Foreign bonds are bonds sold by a foreign borrower but denominated in the currency of the country in which the issue is sold. E) Any bond sold outside the country of the borrower is called an international bond.

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