Sweden Explores Issuing Bonds as Long as 100 Years
- Nordic country would join other nations such as Austria
- Debt office says will gauge market interest before decision
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With much of its yield curve trading below zero, Sweden is now exploring whether to join other countries such as Austria and lock in historically low borrowing costs for as long as a century.
The Nordic nation’s longest bond, which has a yield around zero, needs to be paid back in 2039. All its other debt trades at negative rates, along with more than $16 trillion in fixed-income securities worldwide.