Here is what the world’s oldest loan looks like, courtesy of M&G Investment’s Bond Vigilantes’ twitter feed. It’s a four-year financing deal for a pig farm, made by Monte dei Paschi, the world’s oldest bank, for a clean 7% coupon.
Here is what the world’s oldest loan looks like, courtesy of M&G Investment’s Bond Vigilantes’ twitter feed. It’s a four-year financing deal for a pig farm, made by Monte dei Paschi, the world’s oldest bank, for a clean 7% coupon.