100 year bond

[mgookin]

Is this crazy or what?

http://www.cnbc.com/id/39531762

 

[Martinghoul]

Nice convexity in this baby...

 

[GuyFawkes]

I would have found it laughable a few years back but now I'm not sure whether they are a better bet than US treasuries.

 

[Scataphagos]

Quote from mgookin:

Is this crazy or what?

http://www.cnbc.com/id/39531762

If I recall, IBM floated some 100 year paper some years back.

 

[Martinghoul]

There was also a 100y GM issue and a very recent RaboBank one, I think.

 

[JoePaterno]

Hmm. Maybe we should write 500 year bonds. By the time we have to pay it back, the country may not be there.

 

[KINGOFSHORTS]

Japan you can get 100 year mortgage loans.

 

[mgookin]

Quote from KINGOFSHORTS:

Japan you can get 100 year mortgage loans.

That's incredible. I searched Google and came up with http://www.google.com/search?q=100+...ls=com.microsoft:en-us:IE-ContextMenu&ie=&oe=

Friggin nutz!