WTF Fun Fact – Parmesan Cheese Backed Bonds

Cheese-maker 4 Madonne Caseificio dell’Emilia raised 6 million euros (nearly $7 million) in mini-bonds guaranteed by wheels of Parmesan cheese. The bonds will pay a fixed yield of 5 percent each year until they mature in January 2022. – WTF Fun Facts

Source: https://uk.reuters.com/article/uk-italy-bonds-parmesan/italian-cheese-firm-sells-parmesan-backed-bond-idUKKCN0VB1QZ

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