Examveda
Examveda

Bond which is denominated in dollars and is issued in European financial markets is considered as

A. Australian bonds

B. Eurobonds

C. interbank bonds

D. None of the above

Answer: Option B

Solution(By Examveda Team)

Bond which is denominated in dollars and is issued in European financial markets is considered as Eurobonds. A Eurobond is debt instrument that's denominated in a currency other than the home currency of the country or market in which it is issued. Eurobonds are frequently grouped together by the currency in which they are denominated, such as eurodollar or Euro-yen bonds.

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