The Austrian government bond is in serious trouble. The 100-year bond has lost 74% of its value since 2017 and it looks like it will continue to fall.

by

In 2017, at a time of negative interest in the Eurozone, Austria re-financed some of its debt with a 100-year bond with 2,1% interest and quite a few institutions bought it. Seems like it was a good deal for Austria’s treasury, but whoever owns that thing is in trouble. With my luck, it was probably bought by my pension fund…

h/t Infamous_Sympathy_91

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.