ICMA Exam FMFQ Topic 3 Question 61 Discussion

Actual exam question for ICMA's Financial Markets Foundation Qualification exam

Question #: 61
Topic #: 3

[All Financial Markets Foundation Qualification Questions]

What type of bond is a "Yankee" bond?

AGovernment bond

BEurobond

CDomestic foreign bond

DGlobal bond

Show Suggested Answer

Suggested Answer: C

by Marylyn at Jul 10, 2024, 01:08 AM

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Mohammad

2 months ago

Definitely C. Yankee bonds are a type of domestic foreign bond, not a Eurobond or a global bond.

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Nikita

2 months ago

I'm pretty confident the correct answer is C) Domestic foreign bond. Yankee bonds are just that - bonds issued by non-US entities but sold in the US market.

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Felicia

1 months ago

I'm not sure, but I think Yankee bonds are considered global bonds.

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Linwood

1 months ago

I believe Yankee bonds are actually Eurobonds, not domestic foreign bonds.

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Charlene

1 months ago

I think you're right, Yankee bonds are indeed a type of domestic foreign bond.

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Ozell

2 months ago

I think it could also be considered a global bond since it's traded internationally.

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Minna

2 months ago

But Yankee bonds are issued by foreign entities in the US, so it's more like a domestic foreign bond.

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Ceola

2 months ago

Haha, Yankee bond? Sounds like something you'd buy at a baseball game!

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Corinne

1 months ago

D) Global bond

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Golda

1 months ago

C) Domestic foreign bond

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Devon

2 months ago

B) Eurobond

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Magnolia

2 months ago

A) Government bond

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Karl

3 months ago

I disagree, I believe a Yankee bond is a government bond.

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Cammy

3 months ago

Hmm, I'm not so sure. Isn't a Yankee bond a domestic foreign bond issued in the US by a non-US entity? That's what I remember from my studies.

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Golda

2 months ago

Yes, that's correct. It's a way for foreign entities to raise capital in the US market.

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Rusty

3 months ago

I think you're right, a Yankee bond is indeed a domestic foreign bond issued in the US by a non-US entity.

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Minna

3 months ago

I think a Yankee bond is a Eurobond.

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Laquita

3 months ago

I think a Yankee bond is a type of Eurobond, since it's issued by a foreign entity in the US market.

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Adolph

2 months ago

D) Global bond

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Sheridan

2 months ago

C) Domestic foreign bond

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Shenika

2 months ago

B) Eurobond

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Brynn

2 months ago

B: So it's a domestic foreign bond then?

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Marci

3 months ago

A: It's actually a type of bond issued by a foreign entity in the US market.

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Pamella

3 months ago

A) Government bond

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