What is EURO BOND?
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Answer / ankita
A Eurobond is an international bond that is denominated in
a currency not native to the country where it is issued. It
can be categorised according to the currency in which it is
issued. London is one of the centers of the Eurobond
market, but Eurobonds may be traded throughout the world -
for example in Singapore or Tokyo.
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Answer / supriya
A bond underwritten by an international syndicate of banks and marketed internationally in countries other than the country of the currency in which it is denominated. the issue is thus not subject to national restrictions.
Is This Answer Correct ? | 1 Yes | 0 No |
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