结构推理 What are the characteristics of a domestic bond? an international bond? a foreign bond? a Eurobond? a global bond?
【正确答案】Domestic bonds are issued and traded within the internal market of a single country and are denominated in the currency of that country. International bonds are traded outside the country of the issuer. The two kinds of international bonds are foreign bonds and Eurobonds. Foreign bonds are issued in a domestic market by a foreign borrower, denominated in domestic currency, marketed to domestic residents, and regulated by the domestic authorities. Eurobonds are denominated in one or more currencies but are traded in external markets outside the borders of the countries issuing those currencies. A global bond trades in the Eurobond market as well as in one or more national bond markets.
【答案解析】