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- The ING bond is specifically designed to hedge against regulatory uncertainty in the Netherlands. It contains an option where the bond can be transferred to ING’s holding company, depending on how the rules develop – reflecting how European banks are trying to find solutions that allow them to keep issuing bonds that will satisfy the rules, in spite of confusion over those rules.
Remember way back a month ago when Deutsche Bank was compelled to assert their solvency, and then buy back a bunch of bonds from freaked out bond holders? Here's DBK:GR today. Everything is not all better, and I suspect that necessity is the mother of this invention. I don't think 3% is worth holding ING's hot potato.
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user-inactivated · 3335 days ago · link ·
Between this post and your last one, I think the safest place to keep my money is under the mattress. I have no idea what anyone is saying half the time and sometimes I wonder if others know either. Shoot, collecting Magic the Gathering Cards seems like a better investment idea. Though so many people have been complaining about being burnt out on that game lately, I think that bubble might pop soon.