Investors wanting safe parking for their money buy 0% German bonds

Thursday, August 23rd 2012 - 05:59 UTC

Full article 3 comments

Germany got bids for 6.24 billion Euros of two-year notes at an auction Wednesday exceeding its 5 billion-Euro maximum sales target, according to a statement from the Bundesbank. Read full article

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British_Kirchnerist
What even is a 0% bond? 0% of anything is nothing but I can't believe they're wanting to get nothing back!
Aug 23rd, 2012 - 12:07 pm - Link - Report abuse 0
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ManRod
better no gain but secured money, than losing EVERYTHING while buying argentine bonds. That's probably the thought of the investors.

Germany says “thank you” to Argentina for granting them these conditions. The reward for trustful, due-fullfilling and responsable governments. Simply said, something that goes beyond your Kirchnerist world... its only consequent that you can't believe it.
Aug 23rd, 2012 - 10:00 pm - Link - Report abuse 0
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British_Kirchnerist
0% extra return is perhaps believable, I read the article quickly and imagined that to multiply anything by 0% is to wipe it out entirely and rather obtusely made the point that can't be what they're talking about!
Aug 24th, 2012 - 12:56 am - Link - Report abuse 0
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