ICMA Exam FMFQ Topic 3 Question 76 Discussion

Actual exam question for ICMA's FMFQ exam

Question #: 76
Topic #: 3

[All FMFQ Questions]

What type of bond is a "Yankee" bond?

AGovernment bond

BEurobond

CDomestic foreign bond

DGlobal bond

Show Suggested Answer

Suggested Answer: C

by Janey at Feb 12, 2025, 05:26 AM

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Kara

2 days ago

I think this is asking about a type of bond, so I'll focus on the bond options in the answers. A Yankee bond sounds like it might be a foreign bond issued in the US, so I'll go with option C.

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Golda

7 months ago

I agree with Kina, Yankee bonds are issued by foreign entities in the US market.

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Yvette

7 months ago

A) Government bond, all the way. Yankee bonds are the financial world's way of saying, 'You can take the bond out of the country, but you can't take the country out of the bond.'

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Georgeanna

7 months ago

B) Eurobond. Yankee bonds are issued by foreign entities in the United States and are denominated in U.S. dollars.

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Kami

7 months ago

A) Government bond, all the way. Yankee bonds are the financial world's way of saying, 'You can take the bond out of the country, but you can't take the country out of the bond.'

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