The Yankee bond is a Dollar-denominated debt securities issued by foreign corporations and traded in u.s. markets.
According to the statement
we have to find that the term and explain all about it which is a Dollar-denominated debt securities issued by foreign corporations and traded in u.s. markets.
So, For this purpose, we know that
We have given that the
The term is a dollar denominated debt and it is traded in the u.s. market.
From this information, we know that the
A Yankee bond is a debt obligation issued by a foreign entity, such as a government or company, which is traded in the United States and denominated in U.S. dollars.
Hence, It is called the Yankee bond.
So, The Yankee bond is a Dollar-denominated debt securities issued by foreign corporations and traded in u.s. markets.
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