The trend is a sign that soaring bond yields are spurring corporations to look at ways to cut their borrowing costs.
The company has issued five green bonds, including a $1 billion offering earlier this month. “Added scrutiny ... enables our platform to continue to shine compared to the rest of the market.”
The impending barrage of T-bills is a precursor to a glut of longer-term debt issues, which might result in a “demand vacuum” for longer-maturity bonds that pushes yields higher and tightens financial conditions.
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