Intl Sovereign bonds Flashcards

1
Q

What is Intl Sovereign Bond ?

A

It is a sovereign bond denominated in foreign currency

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2
Q

So what is a sovereign bond ?

A

It is a debt instrument issued by Govt in either foreign or domestic currency

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3
Q

Is there a currency risk in these bonds ?

A

YESS there is (BE CAREFUL !!)

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