3 ms·

What mechanism allowed that? From what I recall corporate bond rates were low but not no cost low. Bank rates maybe were like a few percent but infinity money?

• h1srf 4y ago
  If you were MSFT or AAPL, you could issue 0%(or close to it) bonds and investors would lap it up. IIRC AAPL did issue a 0% bond at some point in the last few years.
  • roflyear 4y ago
    In Europe, not in the US, as far as I can tell. Looks like the lowest Apple got to go was 2.2ish in the US.