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Real Estate
Reply to "Whats wrong with a 50 year mortgage?"
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[quote=Anonymous][quote=Anonymous]Why not a 100-year loan? Or how about a 1000-year loan?[/quote] They do 1000 year bonds in corporate bonds Corporations The Canadian Pacific Corporation (a railroad company) issued a 1,000-year bond in the past. Other historical railroad bonds with very long maturities were also issued in the late 19th century. Banks In 1997, the Safra Republic Bank prepared to issue the first-ever 1,000-year bond. Energy Companies A Danish energy company issued a bond with a 1,000-year maturity in 2017. [/quote]
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