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Which of the following statements is false? a. Sovereign bonds are government-issued, foreign currency-denominated debt. b. Eurodollar certificates of deposit are long-term bonds issued by

  1. Which of the following statements is false?

    a.

    Sovereign bonds are government-issued, foreign currency-denominated debt.

    b.

    Eurodollar certificates of deposit are long-term bonds issued by firms and governments outside of the issuers country, usually denominated in the currency of the country in which they are issued.

    c.

    Eurobonds are long-term bonds issued and sold outside the country of the currency in which they are denominated.

    d.

    Eurocommercial papers are issued in Europe by dealers of commercial paper without involving a bank.

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