CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

A global bond is ______.
A. a debt obligation that is issued and traded in both the Eurobond market and in at least one country's foreign bond market
B. a bond issued in a country's national bond market by an issuer not domiciled in that country, where those bonds are subsequently traded.
C. a short-term unsecured bond that is issued in the open market and represents the obligation of the issuing corporation
Explanation: Global bonds are typically issued by large multinational corporations or sovereign entities with high credit ratings.

User Contributed Comments 1

User Comment
Silvethorn Straight from the notes. A global bond is a debt obligation that is issued and traded in both the Eurobond market and at least one domestic market. Only reason i didn't choose A.
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