A Tale Of Two Century Bonds

A Tale Of Two Century Bonds

After Monday, there is perhaps no more amusing juxtaposition in global markets than century bonds issued by Austria and Argentina. A couple of days ago, I got a chuckle out of Bespoke Investment's daily newsletter, which highlighted "a pretty nutty looking chart". That chart: Austria’s 100-year bond since inception. We've all seen it, but it never ceases to elicit incredulity. "Launched in late 2017 with a yield of 2.1%, there were more than a few people who laughed at the fact that anyone w
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2 thoughts on “A Tale Of Two Century Bonds

  1. I know I’ve said this before but I remember my mother trying to light a coal stove with Hungarian Currency and making jokes about iy’s usefulness even for that….I was four…

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