Business
Investors pay Australia to hold money amid cash glut – The Australian Financial Review
The federal government has paid a negative interest rate on $1 billion borrowed from institutional investors, the first time…
The governments debt manager, the Australian Office of Financial Management (AOFM), sold a three-month Treasury note attracting a weighted average yield of -0.0034 per cent on Thursday.
The negative yield on short-term government debt is partly being driven…
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