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Short-term financing 4 by ddepyper on 03-25-2009
Stump the Rabbit
Before when were all debt issues sold within the country in which issuing corporation resided?
Before the mid-1960's.
Stump the chic
Since most of the international financing is short-term adn takes place in what is reffered to as the Eurodollar market....what does that mean?
A Eurodollar is a U.S. dollar deposited in a foreign bank without being converted to the local currency. Plus they have lower interest cost.
Wrapping it up
It's obvious that Americans are more aware of their short-term financing. This was Short-term financing. I'm Betty Lue from TryToStumpThem.NET. That's all for today, I'll see you next time.
Cut! Okay people thats a wrap. Now lets get some grub.
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