I’ll Pay You to Hold My Money Part II – Get Paid to Borrow

European Central Bank policy is having unforeseen consequences and this one is a real head scratcher, getting paid by the bank to borrow money.  How long do you think this can last?

But it isn’t all bad. Some Danes with floating-rate mortgages are discovering that their banks are paying them every month to borrow, instead of charging interest on their home loans.

Source: Less Than Zero: Living With Negative Interest Rates – WSJ

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