MSN:France raises 7 bn euros at negative or no interest
It raised 4.0 billion in 13-week notes at -0.15 percent, 1.2 billion euros in 22-weeks at -0.018 percent and 1.8 billion euros in 52-week bills at 0.002 percent interest.
France has been raising short-term debt at negative rates since the beginning of July, meaning investors are paying the government to hold their money, a symptom of heightened anxiety about the near-term prospects for the eurozone.
While investors have been demanding high returns to lend to Spain and Italy, countries like Germany and France have seen their borrowing costs decline or even turn negative.
