A Eurobond Is a Bond Issued by an International Borrower

question 204

True/False

A Eurobond is a bond issued by an international borrower and sold to investors in countries with currencies other than the country in which the bond is denominated.

---

Definitions:

Maturity

The time at which payment to a bondholder is due from the issuer, according to the bond's terms.

Investment-Quality

A designation given to securities or investments considered to offer lower risk and stable returns.

Bond Ratings

A system used to evaluate the credit quality and risk level of a bond by assigning grades such as AAA, AA, etc.

Standard & Poor's

A US financial services company known for its stock market indices like the S&P 500, as well as providing credit ratings for borrowers.