Berlin: It emerged on December 22 that the German government earned billions of euros from debt disbursement this year. It resulted due to negative interest rates on its securities, Finance Ministry State Secretary Florian Toncar said in a letter to a left-wing lawmaker. “Despite negative yields, German bonds are selling like hotcakes,” said Goerke, a lawmaker told. He also added, “The federal government could have sold even more bonds without any problem.”

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Russia’s Sberbank to close UAE office

On Sunday, first Deputy Chairman Alexander Vedyakhin said that Russia’s money lender…

Trump urges Iranians to keep protesting, says ‘help is on its way’

US President Donald Trump urged Iranians on Tuesday to keep protesting and…

Two injured in rocket attack from Lebanon: Israeli police

Israeli police said that two people were injured when a rocket fired…

Syria’s Hayat Tahrir Al Sham plans to dissolve armed wing

A military commander of Syria’s victorious Islamist group Hayat Tahrir Al Sham…