11 points | by onemoresoop 7 hours ago ago
3 comments
I love how the bonds are rated above junk.
How does a $25B offering have $85B in orders?
They won't all be fulfilled. I would imagine this is part of the price-discovery process.
I love how the bonds are rated above junk.
How does a $25B offering have $85B in orders?
They won't all be fulfilled. I would imagine this is part of the price-discovery process.