A long-term debt issue sold simultaneously in several different national capital markets, but denominated in a currency different from that of the national market where the issue occurred is called a(n)
A) World bond.
B) International capital bond.
C) Floating bond.
D) Eurobond.

Question

Quizplus · Accepted Answer

A Eurobond is a long-term debt issue sold simultaneously in several different national capital markets but denominated in a currency other than the currency of the national market where the issue occurred. The name "Eurobond" does not refer to bonds denominated in euros but rather to bonds issued outside of the jurisdiction of any one country.

A Long-Term Debt Issue Sold Simultaneously in Several Different National