News for hackers. Stuff that matters.
Re:How Low Can Central Banks Go? JPMorgan Reckons Way Lower by lintiness on Wednesday February 10, 2016 @11:07AM (#11073609)
as best i can logic (my abilities here are extremely limited), i'd say only a public entity would ever consider lending at 0% or lower. they receive a payoff indirectly through generated activity and tax revenue so could stand the real upfront loss. no non-crooked private party would entertain lending with no interest (i certainly wouldn't).
Re:How Low Can Central Banks Go? JPMorgan Reckons Way Lower by caf on Thursday February 11, 2016 @12:53AM (#11078465)
If you had $800 million in cash, and you could either deposit it with the central bank and be paid -0.5% interest, or invest it in say, a 12-month Apple corporate bond at 0%, what would you do? Note that attempting to hold onto the cash in a vault has real costs as well.
Re:How Low Can Central Banks Go? JPMorgan Reckons Way Lower by jsprogrammer on Wednesday February 10, 2016 @11:31AM (#11073822)
BofA offered 0% loans about 5-7 years ago.
Re:How Low Can Central Banks Go? JPMorgan Reckons Way Lower by smaddox on Wednesday February 10, 2016 @09:23PM (#11077842)
Fixed APR?

I didn't think so.

Re:How Low Can Central Banks Go? JPMorgan Reckons Way Lower by jsprogrammer on Wednesday February 10, 2016 @09:35PM (#11077879)
Yes. They were short-term however; 18 months or less, if I recall.