Apple’s record bond sale

Investors have snapped up Apple's debt in the biggest bond sale in corporate history.

Apple issued $17bn of debt on Tuesday, the biggest corporate bond sale in history. The wildly popular bonds included three-, ten- and 30-year fixed-rate paper, along with some floating-rate notes. The bond sale was Apple's first since 1996. The firm has promised to return $100bn of cash to shareholders, partly through a $60bn share buyback. The debt sale is to fund the buyback.

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