Advanced financial management revision question and answer

Advanced Financial Management Block Revision Mock Exams

Write notes distinguishing the following instruments used in international financial markets:

i) The Euro.
ii) The Euro bonds
iii) The Euro dollars.
ANSWER
The Euro = The currency of the European Union
The Euro Bonds = Bonds sold outside jurisdiction of the country in whose currency the bond was demolimated.

The Euro Dollars= Deposit or credit dollars – held outside the regulation of the US
authorities.

(Visited 37 times, 1 visits today)
Share this on:

Leave a Reply

Your email address will not be published. Required fields are marked *