Skip to content

CFA Level I · CFA Level I Exam · Fixed-Income Instrument Features

Compared with a bond issued in a country's domestic market, a Eurobond is most likely to be:

A Eurobond is most likely subject to less regulatory oversight and is issued outside any single country's jurisdiction. It can be denominated in a currency different from the issuer's home currency, and it does not need registration with the regulator of the currency's country.

  1. Asubject to less regulatory oversight and issued outside the jurisdiction of any single countryCorrect
  2. Brequired to be denominated in the currency of the issuer's home country
  3. Cregistered with the national securities regulator of the country of the currency of denomination

Explanation

Eurobonds are issued outside the jurisdiction of any single country, so they face less regulation and disclosure than domestic bonds. They need not be in the issuer's home currency and are not subject to registration with the currency country's regulator.

Did you get it right without looking?

One question tells you little. A timed set on Fixed-Income Instrument Features shows your real accuracy, how long you take and where you lose marks.

Practise Fixed-Income Instrument FeaturesFree diagnostic mock

More Fixed-Income Instrument Features questions