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Basic Question 1 of 8
A Yankee bond is a bond ______.
B. sold in the U.S. by a company incorporated in another country
C. sold in Europe by a company incorporated in the U.S.
A. sold in the U.S. by a company incorporated in the U.S.
B. sold in the U.S. by a company incorporated in another country
C. sold in Europe by a company incorporated in the U.S.
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.

Andrea Schildbach
Learning Outcome Statements
describe how legal, regulatory, and tax considerations affect the issuance and trading of fixed-income securities
CFA® 2025 Level I Curriculum, Volume 4, Module 2.