Will be very popular to the Europeans, seeing as their sovereigns are confirmed negative yields, and even lower-rated European MNCs are now negative yielding, as compared to the higher rated Berkshire.
In 2008 he wrote an op-ed in the NY Times. In 2020 he's figured, why not make more money from it?? ;)
We are offering €1,000,000,000 of our 0.000% Senior Notes due 2025 (the “notes”).
Interest on the notes will accrue from the date of original issuance, expected to be March 12, 2020 and will be payable annually in arrears on March 12 of each year, commencing on March 12, 2021.
"STOCKS ARE GOING TO ZERO!!"
ReplyDeleteAnd Warren Buffett is taking advantage of it.
He just registered to offer 1B euros of 5-year bonds for ... zero percent!
LOL!!!
Will be very popular to the Europeans, seeing as their sovereigns are confirmed negative yields, and even lower-rated European MNCs are now negative yielding, as compared to the higher rated Berkshire.
In 2008 he wrote an op-ed in the NY Times. In 2020 he's figured, why not make more money from it?? ;)
Walau! Just for safety of capital return. Keep it office safe box also can.
DeleteI love the opening paragraph...
ReplyDeleteWe are offering €1,000,000,000 of our 0.000% Senior Notes due 2025 (the “notes”).
Interest on the notes will accrue from the date of original issuance, expected to be March 12, 2020 and will be payable annually in arrears on March 12 of each year, commencing on March 12, 2021.
Da fug?!?! 🤣