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Wal-Mart Selling First Euro Bonds Since 2009 As Yields Decline
date:Apr 02, 2014
se rates soon, which means bond yields will remain at low levels for the next few months, said Craig Veysey, head of fixed income at Sanlam Private Investments Ltd. in London, which has about $3.2 billion of assets under management in the U.K. The conditions will be there for borrowers to issue more cheaply, whereas rates could go up in the U.S. as soon as April 2015.

Wal-Marts 850 million of eight-year bonds will be priced to yield 43 basis points more than the mid-swap rate while its 650 mill

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