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Amazon Raises $10-Billion In The Bond Market

2020-06-02 13 Dailymotion

Market Insider reports that Amazon raised $10 billion in corporate debt markets Monday.<br />That includes a $1 billion bond yielding just 0.4%.<br />According to the Financial Times reported that this was the lowest interest rate for any bond in US corporate history.<br />Amazon has clearly come out as a winner during the pandemic.<br />It saw its $10 billion offering being oversubscribed by more than three times, the FT said.

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