by © Byvalet | Dreamstime.com On 28 December 2018, Italy issued government bonds maturing in 2028 at an effective interest rate of 2.7%1. Interest rates like this combined with the scale of Italian public debt (157% of GDP) mean Italian taxpayers spend more on public debt interest than they do on education. In 2015, Italy spent ...
Topics:
Investec considers the following as important: 3) Swiss Markets and News, Featured, newsletter
This could be interesting, too:
Nachrichten Ticker - www.finanzen.ch writes Krypto-Ausblick 2025: Stehen Bitcoin, Ethereum & Co. vor einem Boom oder Einbruch?
Per Bylund writes Bitcoiners’ Guide to Austrian Economics
Connor O'Keeffe writes The Establishment’s “Principles” Are Fake
Ron Paul writes What Are We Doing in Syria?
© Byvalet | Dreamstime.com
On 28 December 2018, Italy issued government bonds maturing in 2028 at an effective interest rate of 2.7%1. Interest rates like this combined with the scale of Italian public debt (157% of GDP) mean Italian taxpayers spend more on public debt interest than they do on education. In 2015, Italy spent 4.1% of GDP on public debt interest and only 2.8% of GDP on education.
This week, Switzerland issued bonds maturing in 2030 at an effective interest rate of -0.041%2. Negative interest rates like this mean Switzerland sometimes makes money borrowing.
Buyers of Swiss bonds are reckoning on the stability of the Swiss franc and the near certainty of repayment.
Tags: Featured,newsletter