Question

question 10 (1 point) listen a canadian - based company issues a yen - denominated bond in the japanese market. how would this bond issue be classified in the japanese market? a) as an international bond. b) as a yen - canadian bond. c) as a foreign bond. d) as a eurobond.

Explanation:

A foreign bond is issued by a non - domestic entity in the domestic market of another country and is denominated in the currency of that domestic market. Here, a Canadian - based company is issuing a Yen - denominated bond in the Japanese market, which fits the definition of a foreign bond. International bonds are a broader category. There is no such thing as a Yen - Canadian bond. Eurobonds are denominated in a currency other than the currency of the country where they are issued.

Answer:

C. As a foreign bond.