Question
When an Australian company borrows through an issue of bonds denominated in USD into the Japanese Markets, the company has conducted
Answers
GPT-4o mini
When an Australian company issues bonds denominated in USD into the Japanese markets, it has conducted a **Eurobond** issuance. Eurobonds are bonds that are issued in a currency other than that of the country in which they are issued. In this case, since the bonds are denominated in US dollars (USD) but are being issued in Japan, it qualifies as a Eurobond, specifically in the context of the Japanese market.
This type of bond issuance allows the company to tap into international markets for funding while benefiting from potentially lower interest rates or diversified investor bases.
This type of bond issuance allows the company to tap into international markets for funding while benefiting from potentially lower interest rates or diversified investor bases.