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GDF Suez, SA

CrashCrash
in Off-Topic
Yes, Note: from WSJ, 04 March, 2015:
"Investors snapped up a half-billion euros of French utility bonds that will pay them no interest... The €500 million bond sale by GDF Suez SA came a day before the European Central Bank was scheduled to spell out details of how it will buy €60 billion a month in government and corporate bonds to fuel economic growth by pumping money in the region’s financial system..."

Do I "get" this? People stowing their money away with this French utility conglomerate for 10 years with only the promise that their money will be returned with no loss?????

Comments

  • LLJB
    Depending on what happens with inflation they may get all their money but it may be worth less. I read something this past week or the week before that Nestle was able to issue bonds with a negative yield! What a deal- I'll give you my money and pay you to hold on to it for me. I'd rather stick my money under the mattress or in a safe deposit box. What is the world coming to?
  • CrashCrash
    Indeed!
  • JohnChisum
    Someone would have to explain to me exactly what is the benefit of investing in these. I sure can't figure it out. Same with those Nestle bonds.
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