4 ms·

Negative rates, maybe not. 0% rates, perhaps.

• lintiness 11y ago
  as best i can logic (my abilities here are extremely limited), i'd say only a public entity would ever consider lending at 0% or lower. they receive a payoff indirectly through generated activity and tax revenue so could stand the real upfront loss. no non-crooked private party would entertain lending with no interest (i certainly wouldn't).
  • jsprogrammer 11y ago
    BofA offered 0% loans about 5-7 years ago.
    • smaddox 11y ago
      Fixed APR? I didn't think so.
      • jsprogrammer 11y ago
        Yes. They were short-term however; 18 months or less, if I recall.
  • caf 11y ago
    If you had $800 million in cash, and you could either deposit it with the central bank and be paid -0.5% interest, or invest it in say, a 12-month Apple corporate bond at 0%, what would you do? Note that attempting to hold onto the cash in a vault has real costs as well.