Fixed outgoings: Negative coupons exist, but anomaly not new norm | Reuters
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# Fixed outgoings: Negative coupons exist, but anomaly not new norm
ByReuters
March 9, 20163:33 PM UTCUpdated ago
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* Summary
* Floating-rate bonds carry theoretical negative coupons
* But Coca-Cola and others set barriers at zero
* Exceptions in France and Japan, more may follow
By John Geddie
LONDON, March 9 (Reuters) - Imagine buying a bond from Coca-Cola only to find that interest rates had fallen so far below zero that rather than receive the quarterly coupon payment, the multi-billi