BHP Billliton priced a five-year one billion Australian dollar note on Monday issued under its Australian Medium Term Note programme.
According to a report in the Wall Street Journal, the world's largest miner by value sold the five-year bonds at 0.90 percentage points over the underlying swap rate, tighter than original guidance of 0.95 percentage points, demonstrating keen investor demand.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Thousands of Brits switch to Nationwide, Monzo and HSBC – which banks are least popular?As current account bank switches reach a record high, we look at the most and least popular banks and building societies among Brits. Is it worth switching?
-
Are these FTSE 100 pharmaceutical stocks worth a look?Pharmaceutical stocks are some of the biggest in the FTSE 100. The sector is threatened by tariffs, but some have posted encouraging results regardless.
