Which of the following statements regarding sovereign bonds is least accurate（）
A. When a central government issues securities, those securities can only be denominated in the local currency regardless of where the bonds are issued.
B. A central government can issue sovereign bonds in its national bond market, in another country’s foreign bond market, or in the Eurobond market.
C. Although the currency denomination of a government security is generally that of the home country, a central government’s bonds will be rated by bond rating agencies as to perceived credit risk.
