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Should the US consider selling perpetual bonds, with no maturity date? I know Britain used to do this (the bonds were called Consols). Is this form of finance n
by nealabq 7y ago
Should the US consider selling perpetual bonds, with no maturity date? I know Britain used to do this (the bonds were called Consols). Is this form of finance now discredited?
- timwaagh 7y agoIf it's cheap.... But British consols were 4% so they opted to pay back instead of bleeding money forever.
- raverbashing 7y agoIt makes sense when it pays interest, when interest is close to zero, I'm not sure how it would work.