Amazon Raises $10-Billion In The Bond Market

Video Credit: Wochit News
Published on June 2, 2020 - Duration: 00:28s

Amazon Raises $10-Billion In The Bond Market

Market Insider reports that Amazon raised $10 billion in corporate debt markets Monday.

That includes a $1 billion bond yielding just 0.4%.

According to the Financial Times reported that this was the lowest interest rate for any bond in US corporate history.

Amazon has clearly come out as a winner during the pandemic.

It saw its $10 billion offering being oversubscribed by more than three times, the FT said.

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