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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: rnsmth who wrote (153219)5/1/2013 2:22:15 PM
From: Moonray  Read Replies (3) | Respond to of 213181
 
New Apple Bonds Already Worth More Than They Were Yesterday
By Michael Aneiro - May 1, 2013, 2:03 P.M. ET

Small wonder that Apple ( AAPL) bonds are posting gains on their first day of trading.

Apple sold $17 billion of bonds in six parts yesterday in the largest-ever corporate bond offering. Today,
three of those six maturities account for the top three most actively traded corporate bond issues, while
all six fall within the top 10, per online bond trading platform MarketAxess.

Here’s the early afternoon look at each of Apple’s fixed-rate bonds, all per MarketAxess:

* The 3-year notes sold at 99.819 cents on the dollar to yield 0.511% yesterday; today they’re trading at
100.3 cents to yield 0.349% (or if you’re fluent in bond-speak, the spread tightened by 5 basis points to
15 bps over Treasuries)

* The 5-year notes sold at 99.631 cents to yield 1.076%; today they’re at 100.233 cents and yielding
0.952% (tightened 5 bps to 35 bps)

* The 10-year notes sold at 99.867 to yield 2.415%; today 102.625 yielding 3.929% (tightened 1 bps to 74 bps)

* The 30-year bonds sold at 99.418 to yield 3.883%; today 101.069 yielding 3.79% (tightened 6 bps to 94 bps)

o~~~ O