What is the term for a bond issued in European markets but denominated in US dollars?

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

PPSCFPSCNTSPakistan govt jobs
Subject
Bond Marketsfinance-mcqs › bond-markets
Published
10 Apr 2023
Last updated
28 May 2026

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Explanation

A bond issued in European financial markets and denominated in US dollars is known as a Eurobond. These bonds are typically sold outside the jurisdiction of the countries whose currencies they are denominated in, making Eurobonds distinct from domestic bonds.

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