iShares Industrials Bond ETFNYSEARCA
Mar. 7, 2014, 2:14 AM
- General Electric (GE) has taken advantage of continued low rates with a $3B bond sale comprising $2.25B of 30-year notes and $750M in 10-year paper.
- The auction attracted strong demand, mainly due to the not-so-common opportunity to buy debt from the parent company rather than GE Capital. The last time the parent sold bonds was in October 2012.
- GE is rate at AA+ at S&P.
- Meanwhile, following shareholder feedback, GE will end dividend payments to senior management on new stock that has yet to vest.
- ETFs: LQD, VCSH, VCIT, CORP, VCLT, CSJ, CIU, CFT, SCPB, LWC, CLY, ITR, QLTA, IGHG, PFIG, SLQD, ENGN, IGS, CBND, QLTB, IGU
Jun. 14, 2012, 6:51 AMMoney managers and major banks are discussing the possible creation of a stock-market equivalent for corporate bonds, with sources saying the parties are interested in setting up a centralized electronic market where all participants could trade bonds freely with one another. The discussions, still in an early stage, highlight the concern over regulatory shifts that some fear will make bond trading more expensive. | Jun. 14, 2012, 6:51 AM | 5 Comments