Berkshire Hathaway 1Mil 0.000% Senior Notes
by WikiTextBot https://www.sec.gov/Archives/edgar/data/1067983/000119312520064645/d853116d424b5.htm 0 is cheaper than storing $1,085,500,000 U.S. dollar equivalent in euro notes. It’s also more liquid. The Zero lower bound is below for zero for practical reasons. If the rates go too negative it becomes cheaper to just do like Scrooge McDuck and store physical cash in a Money Bin. Zero lower bound The Zero … Read more