Foreign bonds issued in United Kingdom financial institutions are classified as
A. Yankee bonds
B. samurai bonds
C. bull dog bonds
D. bull cat bonds
Answer: Option C
Solution (By Examveda Team)
Foreign bonds issued in United Kingdom financial institutions are classified as bull dog bonds. Bulldog bond is a type of bond purchased by buyers interested in earning a revenue stream from the British pound or sterling. A bulldog bond is traded in the United Kingdom. If the revenue is used to reduce debt that is also in British pounds, the exchange rate risk is decreased.This Question Belongs to Management >> International Finance And Treasury
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