Free Money German Central Bank Issues Zero-Rate Bonds

For the first time in history, Germany issued long term bonds with a zero percent coupon rate on Wednesday. The demand reveals the deep concerns investors have about the euro zone and their desire for a safe place to park their capital -- even if it costs them money to do so. 
Germany's Bundesbank successfully issued two-year bonds offering a zero pecent interest rate.

Germany's Bundesbank successfully issued two-year bonds offering a zero pecent interest rate.

Foto: dapd
rr -- with wire reports
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