The foreign bonds issued in United Kingdom financial institutions are classified as ____________?
Correct answer: B. bull dog bonds
- A. Yankee bonds
- B. bull dog bonds
- C. samurai bonds
- D. Euro bonds
Explanation
Bulldog bonds are foreign bonds issued in the United Kingdom and denominated in pounds sterling. Yankee bonds are issued in the United States, while Samurai bonds are issued in Japan.
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