The coupon rate of Eurobonds issued on 25 September 2015 is___________%?
- A. 7.75%
- B. 8.0%
- C. 8.25%
- D. 8.50%
Explanation
The 10-year Eurobond issued in September 2015 carried an 8.25% coupon rate. The coupon is the fixed annual interest paid to bondholders.