Bonds are typically sold at discount. In other words, a $1000 bond does not cost $1000, but whatever amount would produce $1000 at the bond’s interest rate on the maturity date. Interest…
Tag: SEC
LCN Puddlejumping 030 – Richard A Werner
Should Banks be Allowed to Fail? by Richard A. Werner It is concerning that for the past decade or so central banks have steadily been working towards the introduction of CBDCs, while…