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Which of the following steps in the federal budgetary process occurs LATEST?
International Bonds
Bonds issued in a country by a foreign entity, in the currency of the country where it is issued, as a way for the issuer to gain access to a foreign capital market.
Eurocurrency
Currency deposited by national governments or corporations in banks outside their home market, typically in a currency not native to the deposit location.
Financial Centre
A global city known for hosting a cluster of national or international financial institutions, markets, and service providers.
Money
A medium of exchange that enables the transfer of goods and services among parties.
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