Spain draws €65bn orders in sale of 50-year bonds
Meanwhile, Italy’s benchmark 10-year bond yield slipped below 0.5 per cent for the first time
Last week, Belgium raised €5bn in 50-year debt at a coupon of 0.65 per cent while France sold €7bn in debt of the same maturity in January with a 0.5 per cent coupon. Both deals garnered strong investor demand.
FT 9 February 2021
https://www.ft.com/content/5ac65419-76a2-4269-aa84-912378e03cd1
When Argentina issued its so-called “century bond” many held it up as the peak of bull market insanity.
After all, what sane individual lends money for 100 years to a serial-defaulter?
https://englundmacro.blogspot.com/2018/05/when-argentina-issued-its-so-called.html
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