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BHP Billiton returns to the Australian bond market for the first time in 11 years, selling...
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Tuesday, October 9, 2012, 8:39 PM ETBHP Billiton returns to the Australian bond market for the first time in 11 years, selling $1.02B in 5-year notes. Unconcerned with the reversal in Oz's mining boom, investors bid for about twice the amount of paper offered, and the issue was priced at a lower yield than what higher-rated Aussie banks must pay.
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