Fixed income: Reading 55, page 268: question 34

it is about non-dollar sovereign bond, so I think it is foreign corrency debt, why the solution said it is local currency debt? Thanks.

For the foreign country, it is local currency debt…

it is a U.S company if I remember correctly, will go back to check… thanks. 2004028 Wrote: ------------------------------------------------------- > For the foreign country, it is local currency > debt…