4 ms·
That was true for the federal government however I would expect the rates for states and local governments to be quite different.
by DasIch 11y ago
That was true for the federal government however I would expect the rates for states and local governments to be quite different.
- foobar2020 11y agoLands, at least the better ones, are also borrowing at zero/slightly negative yields: http://www.boerse-frankfurt.de/en/bonds/lfa+f+b+bayern+is+r262var+DE0002111986?portal=3 http://www.boerse-frankfurt.de/en/bonds/lfa+f+b+bayern+is+r2... This happens not (only) because it is safer to keep piles of German bonds than piles of EUR, but because of the unorthodox ECB monetary policy. We certainly live in some very interesting times.