Germany sells nearly $1 billion in negative-yielding bonds
The bond, set to mature in August 2050, has a zero coupon, which means it pays no interest at all. Yet investors were still willing to pay more than face value to buy €869 million worth of the debt, pushing the overall yield on the bond TMBMKDE-30Y, +15.33% into negative territory, at minus 0.11%. Yields fall as bond prices rise.
The German sale adds to the roughly $15 trillion of negative-yielding bonds outstanding world-wide, many of which are from European governments or are state-sponsored agency bonds. It also adds to the smaller—but still significant—amount of new bonds that have been sold with a negative yield at issue.
More than $3 trillion of bonds have offered a negative yield when they were first sold since 2016, according to data from Barclays . While this is mostly government and agency debt, it also includes more than $11 billion of corporate debt, from companies such as French drugmaker Sanofi SA and German consumer goods group Henkel AG .Italian government collapses, setting up a power struggle
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Germany for First Time Sells 30-Year Bonds Offering Negative YieldsIn an unprecedented move, Germany sold 30-year bonds at a negative yield, another sign of how investors’ desperation for safe assets is inflating their value.
Consulte Mais informação »
Halsey and the Martinez Brothers Help DKNY Celebrate 30 Years in New Ad CampaignTo celebrate DKNY’s 30th anniversary, the brand has called on the talents of Halsey and the Martinez Brothers.
Consulte Mais informação »
Joe Jonas Turned 30 And Threw A James Bond Birthday Party, Like You Do.joejonas went full 007 for his 30th birthday celebration 😎
Consulte Mais informação »
'Saved By the Bell' Turns 30 -- See What the Cast Looks Like Now!Now we really feel old… Saved By the Bell turns 30 – see what the stars look like now! (via toofab)
Consulte Mais informação »