The bonds issued for longer term and must be sold in the country whose currency is not used in denomination of bonds are classified as __________?
Correct answer: D. EurobondsBonds
- A. interbank bonds
- B. intrabank bonds
- C. Australian bonds
- D. EurobondsBonds
Explanation
Eurobonds are issued in a country other than the country whose currency denominates the bond. The term does not mean that the bond must be issued in Europe.
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