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Type of bonds issued by governments outside home country of issuer of bond are classified as
Answer & Solution
Correct Answer:
Option
B
Type of bonds issued by governments outside home country of issuer of bond are classified as foreign bonds. A foreign bond is a bond issued in a domestic market by a foreign entity in the domestic market's currency as a means of raising capital. For foreign firms doing a large amount of business in the domestic market, issuing foreign bonds, such as bulldog bonds, Matilda bonds, and samurai bonds, is a common practice.
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