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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
We have the first ever negative yielding euro corporate bonds sold by companies that aren't backed by the state.
— Gavin (@GavinHJackson) September 6, 2016
Henkel will sell €500m of 2-year debt with a yield of -0.05 per cent.
— Gavin (@GavinHJackson) September 6, 2016
Gavin also says Sanofi should follow later today. Do follow him btw.
Related links:
This is nuts. When’s the crash? (On that time the fully state-backed Deutsche Bahn became the first non-financial company to issue debt with a negative yield) — FT Alphaville
Corporate bond yields and the cold pull of negativity — FT Alphaville
Corp bonds join negative yield club — FT
In ten years times, what will we think about negative yields? — Weldon Medium
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