Corporate bond sales declined at the fastest pace in threemonths and relative yields climbed as concern that Greece wouldexit the euro and accelerate the European financial crisis loweredrisk appetite in the U.S.

Kellogg Co., the Battle Creek, Michigan-based cereal maker,raised $1.45 billion in a three-part issue at its lowest coupons onrecord, according to data compiled by Bloomberg. Canada's InmetMining Corp. sold $1.5 billion of bonds in its first U.S.offering.

Sales totaled $13.4 billion this week, a 55 percent drop fromthe five days ended May 11 and the biggest decline since Feb.17.

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