November 17, 2017 admin123@ No comments exist


No repayment in a lifetime doesn’t deter today’s investor.  Austria’s first 100-year bond in Sep attracted twice the usual number of investors. Neither lender nor borrower will be around to see the bond repaid. Central bank quantitative easing fixed-income purchases have drained liquidity, dropped yields to record lows and caused risk mis-pricing.

Guessed the Word?           Series 12 (2/5)           [photo: tookapic]

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