The foreign bonds issued in United States financial institutions are classified as ____________?
Correct answer: C. Yankee bonds
- A. bull dog bonds
- B. bull cat bonds
- C. Yankee bonds
- D. samurai bonds
Explanation
Yankee bonds are bonds issued in the United States by foreign borrowers, usually denominated in U.S. dollars. Samurai bonds are the corresponding foreign issues in Japan.
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