Britain is expected this week to announce plans to issue a bond that will take 100 years to mature — and maybe even a bond that never matures but just keeps paying out indefinitely. It's being billed as an attempt to lock in the benefits of Britain's "safe haven" status and the low borrowing rates that come with it. It also means government borrowing wouldn't have to be repaid until the next century.
U.K. Considering Long-Term Bonds
News & Features Vicki Barker · NPR ·