Fixed Income Q28

28Analyst 1: A bond issued internationally, outside the jurisdiction of the country in whose currency the bond is denominated, is best described as a foreign bond.
Analyst 2: A bond issued internationally, outside the jurisdiction of the country in whose currency the bond is denominated, is best described as a Euro bond. Which analyst’s statement is most likely correct?

Option : B
Explanation : Eurobonds are issued internationally, outside the jurisdiction of any single country. Foreign bonds are issued in a specific country, in the currency of that country, by an issuer domiciled in another country.

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