?
Foreign bonds issued in United States financial institutions are classified as
Answer & Solution
Correct Answer:
Option
C
Foreign bonds issued in United States financial institutions are classified as Yankee bonds. Yankee bonds are bonds issued in the U.S. bond market by a foreign entity, and they are denominated in U.S. dollars. Governments, companies, and other entities issue Yankee bonds.
Join the Discussion
Login to post a comment or share your explanation.
Login