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.
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.