Eurobonds are placed for buying and selling in primary markets by

A. investment banks

B. commercial banks

C. euro transfer agencies

D. currency deposit banks

Answer: Option A

Solution(By Examveda Team)

Eurobonds are placed for buying and selling in primary markets by investment banks. An investment bank (IB) is a financial intermediary that performs a variety of services. Most Investment banks specialize in large and complex financial transactions, such as underwriting, acting as an intermediary between a securities issuer and the investing public, facilitating mergers and other corporate reorganizations and acting as a broker or financial adviser for institutional clients.