Bonds which are denominated in dollars and are issued in canters of London and Luxemburg are classified as
A
London bonds
B
Eurodollar bonds
C
central bonds
D
decentralize bonds
Correct Answer: Eurodollar bonds
Bonds which are denominated in dollars and are issued in canters of London and Luxemburg are classified as Eurodollar bonds. A Eurodollar bond is a U.S.-dollar denominated bond issued by an overseas company and held in a foreign institution outside both the U.S. and the issuer's home country. Eurodollar bonds are an important source of capital for multinational companies and foreign governments. A Eurodollar bond is a type of Eurobond.