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Basic Question 3 of 6
Which statement about foreign bonds is true?
B. They are issued in a specific country, by an issuer domiciled in another country, in the currency of the issuer's country.
C. They are issued in the issuer's country but in the currency of a foreign country.
A. They are issued in a specific country, in the currency of that country, by an issuer domiciled in another country.
B. They are issued in a specific country, by an issuer domiciled in another country, in the currency of the issuer's country.
C. They are issued in the issuer's country but in the currency of a foreign country.
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Learning Outcome Statements
describe classifications of global fixed-income markets;
describe the use of interbank offered rates as reference rates in floating-rate debt;
CFA® 2024 Level I Curriculum, Volume 4, Module 43.