What is the term for bonds issued in London and Luxembourg that are denominated in US dollars?

Introduction to Financial Markets MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

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Subject
Introduction to Financial Marketsfinance-mcqs › introduction-to-financial-markets
Published
12 May 2023
Last updated
28 May 2026

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Explanation

Bonds that are issued outside the United States but denominated in US dollars, particularly in financial centers like London and Luxembourg, are known as Eurodollar bonds.

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