A Foreign Bond Is a Bond

question 52

Multiple Choice

A foreign bond is a bond:

• A)issued in the currency of the country in which it is being sold.
• B)issued outside the country in whose currency it is denominated.
• C)that is sold simultaneously in several global financial centers.
• D)that is denominated in one currency, usually U.S.dollars or euros.
• E)which is not regulated by the governments of the countries in which they are sold.

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Definitions:

Negotiable

Capable of being transferred or sold with ease, often referring to financial instruments that can be transferred from one party to another.

Payment Time

The specific period within which a payment is due or expected to be made.

Nonexistent Organization

An entity that is claimed or thought to exist but in reality does not.

Negotiable

Refers to something that can be discussed or altered, such as terms in a contract, or a financial instrument that can be transferred or sold.