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Eurobonds are a significant instrument in international business finance as they allow corporations, governments, and international organizations to raise long-term capital in global markets. A Eurobond is a type of bond that is issued in a currency different from the country or market in which it is issued. For example, a U.S. dollar-denominated bond issued in Europe or Asia __________ ____ ___ __________ _____ __________ ____ _______.
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