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Would you pay someone to borrower money from you? Let me ask you again, just in case you misread – would you PAY someone to BORROW money from you?? It defies logic but it’s true!! Last week yields on corporate bonds issued by Nestle, the Swiss chocolate company, went negative.
Last week more than 100,000 savvy silver-haired savers jumped at the chance to buy the government’s new ‘granny bonds’, netting the Treasury more than £1bn in just two days. It could have been more but the demand was so high that it crashed the website leaving savers unsure whether they had
Interest 1.0 – You earn interest from Banks Interest is a fee paid by a borrower of assets to the owner of the assets as a form of compensation for the use of the assets. For hundreds of years what most of us have understood interest to be, is the