And nothing less than the 7.75% interest. Well, actually, which to me, humble nerd subgenus "small saver", I offered was 4.75%, not bad for the times. Another thing is that I'm not interested in junk bond risk, even if you think that, at least in this first issue, interest will be paid religiously (possibly with a second bond issue at 5.75% next year.)
In any case, not everyone knows is that associates to a total of twenty, carried an interest rate of 3% by the brokers to add the 4.75% offered to final customers . As consolation is that the Greek debt around 10% interest, and I suppose that of Burkina Faso, something more ...
And I get for thinking. Furthermore after checking the speed with which the various mass media have echoed the "brilliant success" of the initiative. And I put on the case, Malpensa is one of the lords of "La Caixa" call we call a friend empresita ("nominee company" sounds better), and buy a few of those bonds patriotic. Within a year, empresita friend will win a 4.75% interest, and "La Caixa", 3%. All the same bag.
Guess riddle: Who is diverting public money to banks in stealth mode?
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