Austria smashes expectations with century bond

Austria's 100 year bond, priced on Tuesday, highlighted just how far investors will go — and in their droves — to earn a bit of yield, with even the imminent threat of rising rates in euros unable to deter them from placing orders more than three times the size of a deal that was by no means measly. Lewis McLellan reports.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: