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Foreign bonds issued in United Kingdom financial institutions are classified as...

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Foreign bonds issued in United Kingdom financial institutions are classified as

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Correct Answer: Option C
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.
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