Riyadh denied the Bloomberg report, saying it did not threaten to sell euro and French bonds as a way to influence the G7 into not seizing $280 billion of Russia’s frozen assets.
Sell to whom? Do Euro bonds work differently than in the US?
You can sell bonds in the US and it’s only slightly different from selling a stock. The bond changes hands, but the government debt and interest payments remain static. (The buyer and seller get to deal with premium/discounts and accrued interest, but that has zero effect on the underlying debt from the issuing government)
I don’t understand why this would be a bad thing for them to sell.
Sell to whom? Do Euro bonds work differently than in the US?
You can sell bonds in the US and it’s only slightly different from selling a stock. The bond changes hands, but the government debt and interest payments remain static. (The buyer and seller get to deal with premium/discounts and accrued interest, but that has zero effect on the underlying debt from the issuing government)
I don’t understand why this would be a bad thing for them to sell.
Europe is selling new bonds all the time, and the price buyers will be willing to pay for them will fall.