Bonds Issued by a Foreign Company in a Local Market

question 28

Multiple Choice

Bonds issued by a foreign company in a local market, intended for local investors, and denominated in the local currency are known as

• A) foreign bonds.
• B) domestic bonds.
• C) kangaroo bonds.
• D) Eurobonds.

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Definitions:

Union Members

Individuals who have joined a union, an organization that represents the interests of workers in specific industries or professions, to improve their work conditions and rights.

Courts

Institutions authorized to hear, adjudicate, and resolve legal disputes.

Information-Only Basis

A term that indicates information is provided without any advice, recommendation, or endorsement.

Illegal

Activities or actions that are prohibited by law and subject to penalties.