The country’s Ministry of Finance figured their dodgy credit history would translate into offering an 8.25% yield, but demand was so strong the bonds sold at a 7.9% coupon. Memories are short
All tagged 100-year bonds
The country’s Ministry of Finance figured their dodgy credit history would translate into offering an 8.25% yield, but demand was so strong the bonds sold at a 7.9% coupon. Memories are short