Investment-grade companies have sold $91.9 billion of 30-yearbonds in the United States so far this year, more than have beensold in any full year since 1995, according to the Wall StreetJournal. That total, which represents 166 offerings, is up 26%from the $73.2 billion sold in 145 offerings last year.

Companies enjoy low rates, and investors appreciate the yieldadvantage that long-term debt offers over the short end of theyield curve. Companies that have sold 30-year bonds recentlyinclude UPS, GE and Comcast. A UPS spokeswoman notes the company'sdeal elicited demand seven times the size of the issue.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.