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Sorry i'll acknowledge that point. I misinterpreted one of the tech articles where it was stated as the first bond yield at such at low rate since 1980 as being
by AnotherGoodName 6y ago
Sorry i'll acknowledge that point. I misinterpreted one of the tech articles where it was stated as the first bond yield at such at low rate since 1980 as being the first bond issue full stop.
I think the point still stands as a whole though. When you see things such as
"Of the $10 billion on offer, the $1 billion five-year tranche was issued at a coupon of 0.45%, the lowest coupon seen on a U.S. corporate bond at that maturity, according to Refinitiv data, which goes back to 1980."
It's worth highlighting the rarity of these circumstances.
https://www.reuters.com/article/us-alphabet-bonds/google-owner-alphabet-issues-record-10-billion-bond-at-lowest-ever-price-idUSKCN24Z2PC https://www.reuters.com/article/us-alphabet-bonds/google-own...