alleryStart learning →Eurobonds arose partly as a reaction to which US measure from the 1960s?
AGlass-Steagall Banking Act
BInterest Equalization Tax
CSarbanes-Oxley Reform Act
DBretton Woods gold levy
Answer & Solution
Correct answer: B. Interest Equalization Tax
The Interest Equalization Tax aimed to cut demand for foreign securities; eurobonds let borrowers bypass it.
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