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‘Dear bankers, it’s time to wake up:’ Belgium raises record €22 billion from savers in ‘clear signal’ for higher bank rates (english.elpais.com)

submitted 1 year ago by 0x815@feddit.de to c/europe@feddit.de

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Belgium has raised a record €21.9 billion ($23.65 billion) from savers in a bond sale designed to compete with bank deposits, a sign of growing popularity for government debt as discontent grows with lenders failing to keep up with surging interest rates. The sale marks the biggest funding drive from households in Belgium’s history and is likely Europe’s biggest retail bond sale, the country’s debt agency says.

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[–] 0x815@feddit.de 0 points 1 year ago (1 children)

You can simply buy Dutch government bonds through your bank if you want to do so.

[–] Tar_alcaran@lemmy.world 2 points 1 year ago

Absolutely, I can easily do that right now, but it takes more effort than your average "I have a bank account and that's it" person is willing to spend.

Having a "public sale" sounds like a great idea for all those people.