Our Look At The New European Union Bonds. A Very Big Step In The Globalization Of Finance.

8 minutes

Thinking of investing in bonds? Well there is a new issue to consider. On Tuesday the European Union offered 20 billion dollars worth of new 100 and 20 year SURE Bonds. The proceeds of these bonds will be used to support those who are unemployed through the current economic crisis.

Now, if you missed this auction, don't worry. They are scheduled to bring to market an additional 3/4ers trillion dollars worth of bond between now and next June. So there should be plenty of opportunity to get in on this deal.

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