3 ms·
Wow, I had no idea. There are very few entities in the world whose 100-year bonds I would entertain (maybe Switzerland?), and Argentina would certainly be near
by gottorf 3y ago
Wow, I had no idea. There are very few entities in the world whose 100-year bonds I would entertain (maybe Switzerland?), and Argentina would certainly be near the bottom. I can't believe they sold two and three-quarter billion dollars'[0] worth!
[0]: https://www.cnbc.com/2017/06/20/argentina-sees-strong-demand-for-surprise-100-year-bond.html https://www.cnbc.com/2017/06/20/argentina-sees-strong-demand...
- asah 3y agoThe sell size has all sorts of tricks, including bundling these bonds with better looking ones. 2.75B is 0.002% of the $133T worldwide bond market.