Interest Rate With No Debt?

I have 1.5 Trillion in Reserves yet I still have an interest rate is this normal? Shouldn’t it be zero like the debt since there is no government borrowing and no debt to have interest on? Or am I missing something here?

2 Likes

Interest rate doesn’t mean and do anything once you don’t have debt.
I guess it could be replaced with “No debt”

The interest rate asigned to an AAA credit rating is 1,70 %, meaning that you must pay 1,70 % of your debt. If you have no debt, you won’t pay anything, but your credit rating is still AAA and so your interest rate is 1,70%.
I think it’s ok as it is.

3 Likes