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Soros says Govt should issue perpetual bonds
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- Lemon Quarter
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Soros says Govt should issue perpetual bonds
Wow, just reading this in the FT. I wonder what the dividend would be and whether they would be available in 'retail' markets.
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- Lemon Pip
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Re: Soros says Govt should issue perpetual bonds
No reason why they shouldn't be available to retail investors, there used to be several of them, War Loan being the largest.
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- Lemon Half
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Re: Soros says Govt should issue perpetual bonds
Brought back to mind an occasion a zero coupon perpetual bond was issued, and oversubscribed. That was an interesting one.
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Re: Soros says Govt should issue perpetual bonds
dealtn wrote:Brought back to mind an occasion a zero coupon perpetual bond was issued, and oversubscribed. That was an interesting one.
A good defence against negative interest rates which, after all, IIRC were being discussed not so long ago.
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Re: Soros says Govt should issue perpetual bonds
JohnEdwards wrote:They should have done so at least a year ago!
When Osborne was the Chancellor he paid off all the fixed ones. The problem became that the coupons were high relative to then current interest rates, but the options to call them at par prevented them form rising above par,
A perpetual bond with coupons revalued with RPI or CPI could be very interesting to income seeking retail investors, corporate ones as well if they were in the annuity business as insurers or pension funds.
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- The full Lemon
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Re: Soros says Govt should issue perpetual bonds
The only reference I can find to this story is over 2 years old and Soros was recommending that the EU issue perpetual bonds. Is he now recommending this for the UK government as well?
Dod
Dod
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Re: Soros says Govt should issue perpetual bonds
Dod101 wrote:The only reference I can find to this story is over 2 years old and Soros was recommending that the EU issue perpetual bonds. Is he now recommending this for the UK government as well?
Dod
The article was in the FT but also here:
https://www.businesstelegraph.co.uk/geo ... s-serious/
Best wishes,
Steve
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Re: Soros says Govt should issue perpetual bonds
Steveam wrote:Dod101 wrote:The only reference I can find to this story is over 2 years old and Soros was recommending that the EU issue perpetual bonds. Is he now recommending this for the UK government as well?
Dod
The article was in the FT but also here:
https://www.businesstelegraph.co.uk/geo ... s-serious/
Best wishes,
Steve
I see in the Business Telegraph that it is acknowledged that this idea was first proposed in 2020. Thanks.
Dod
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Re: Soros says Govt should issue perpetual bonds
Dod101 wrote:Steveam wrote:Dod101 wrote:The only reference I can find to this story is over 2 years old and Soros was recommending that the EU issue perpetual bonds. Is he now recommending this for the UK government as well?
Dod
The article was in the FT but also here:
https://www.businesstelegraph.co.uk/geo ... s-serious/
Best wishes,
Steve
I see in the Business Telegraph that it is acknowledged that this idea was first proposed in 2020. Thanks.
Dod
2020?? I've been saying it for years! The right time is probably not now but I think it will happen sooner or later.
GS
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