(Bloomberg) -- Citigroup Inc. raised 270 billion yen
($2.2 billion) in Japan's biggest bond sale by a foreign firm,
tapping demand for higher returns than investors can receive from
the nation's companies.
Citigroup's sale included 65 billion yen of 10-year debt
that yielded about 23 basis points more than bonds from Nippon
Telegraph & Telephone Corp. Citigroup and NTT are rated Aa1, the
second-highest level, by Moody's Investors Service.
Read more at Bloomberg Bonds News
($2.2 billion) in Japan's biggest bond sale by a foreign firm,
tapping demand for higher returns than investors can receive from
the nation's companies.
Citigroup's sale included 65 billion yen of 10-year debt
that yielded about 23 basis points more than bonds from Nippon
Telegraph & Telephone Corp. Citigroup and NTT are rated Aa1, the
second-highest level, by Moody's Investors Service.
Read more at Bloomberg Bonds News
No comments:
Post a Comment