CorporateBonds

Apple Raises $17 Billion in Largest Corporate Bond Sale Ever

Apple sold $17 billion worth of bonds late Tuesday in the largest sale of corporate bonds ever, part of a plan to increase its share buyback program and boost its dividend.

Think Your Mortgage Refi Rate is Great? IBM Pays Less Than 1%

Thanks to record-low interest rates, consumers with good credit can get 30-year fixed-rate mortgages for about 3.75%. But that's sky high compared to the 0.75% interest IBM is going to pay $900 million worth of corporate bonds.