Britain is now being paid to borrow money.
It's the latest country to sell government debt at a negative yield -- meaning that investors who hang onto the bonds until their maturity point will receive a little less than they paid for them.
The UK's Debt Management Office said Wednesday that it sold £3.75 billion ($4.59 billion) worth of three-year bonds, called gilts.
The gilts, which mature in July 2023, sold at an average yield of -0.003%.
With that sale the UK joins Germany and Japan, as well as some European nations, in offering government debt with negative interest rates.
Edward Moya, senior market analyst at Oanda, said in a note to clients that "expectations for the Bank of England to cut rates continue to grow." The UK's central bank slashed interest rates to 0.1% in March.