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7 January, 18:41

Identify with extreme precision the following types of assets:

An Algerian company issues bonds denominated in USD in Singapore.

An Algerian company issues bonds denominated in EUR in Singapore.

A Swiss company issues CHF bonds in London.

A Swiss company issues CHF bonds in Zurich.

A Chinese company issues shares in the United States.

A US company issues USD bonds in London.

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Answers (1)
  1. 7 January, 18:54
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    1) Eurodollar bond

    2) Euro-bond

    3) Euro-bond

    4) Normal bond

    5) American Depository Receipt

    6) Euro-dollar bond

    Explanation:

    Eurobonds : are bonds that are denominated in issuers' country's currency and sold in other country

    Normal bond: They are bonds issued by domestic companies in domestic markets, using local currency

    A foreign bond is a bond issued in a domestic market by a foreign entity in the domestic market's currency as a means of raising capital.

    American depository receipt: is a certificate issued by U. S. banks representing number of shares in foreign company stock.
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Home » Business » Identify with extreme precision the following types of assets: An Algerian company issues bonds denominated in USD in Singapore. An Algerian company issues bonds denominated in EUR in Singapore. A Swiss company issues CHF bonds in London.
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