Borrowing costs

Alphabet locks borrowing costs at record high in $ 10 billion deal

Google’s parent company Alphabet blocked some of the lowest borrowing costs on record for a U.S. firm on Monday in a $ 10 billion bond sale that was the largest in a series of opportunistic fundraising operations to start the new month. The debt issuance marked a rare move for Alphabet, which is teeming with […]

Borrowing costs

NS&I reveals savers cost it £ 887million last year because borrowing costs were so low

Lower borrowing costs, according to National Savings & Investments, mean that it is increasingly costly for the government to raise funds from savers, raising concerns that its highest savings rates in the market are not reduced. It cost the Treasury-backed bank almost £ 887million more to raise funds from savers between April 2019 and March […]

Borrowing costs

Amazon secures record borrowing costs

Amazon blocked some of the lowest borrowing costs ever in the U.S. corporate bond market on Monday, underlining the e-commerce giant’s rise to power during the coronavirus pandemic and the boost the Federal Reserve has given provided thanks to its historic interventions. The company raised $ 10 billion in an offer that included three-year bonds […]

Borrowing costs

Britain’s borrowing costs turn negative – with huge implications for government policy | Economic news

This has been commonplace for some time now, in countries like Germany and Switzerland, but today the UK has been able to join the enviable ranks of those countries that are effectively in a position to charge investors. the right to lend them. A UK government IOU auction – gilts – saw the Debt Management […]

Borrowing costs

Corporate treasurers leap on ultra-low borrowing costs

If you want to get a feel for real-world activity funded by historically low interest rates, step into the 15-story condo under construction at 77 Charlton Street, New York. Building materials litter the floor where plans show a sleek, open lobby, with a glazed walkway leading out to a 1,600 square foot pool. When completed […]

Borrowing costs

How Puerto Rico’s Default Has Lowered State Borrowing Costs

The legal framework for state failure (as opposed to municipal failure) is uncertain; no state has defaulted on its debt since Arkansas in 1933. In an article titled “Legal Uncertainty and Municipal Bond Yields: Market Spillovers from Puerto Rico”, prepared for the 2019 Municipal Finance Conference in Brookings, Chuck Boyer of l The University of […]

Borrowing costs

IAS 23 Borrowing costs – no impact on cash flow of real estate developers

PETALING JAYA: The implementation of IAS 23 Borrowing costs is only a temporary difference in the recognition of borrowing costs and will have no impact on the cash flows of real estate developers, according to AmInvestment Bank which maintained a neutral appeal on the real estate sector. While early rough estimates suggest the new approach […]

Borrowing costs

These businesses need to worry about rising borrowing costs

The era of cheap money is coming to an end, creating a potential problem for some companies that have accumulated a lot of debt. Short-term borrowing costs have skyrocketed this year, in part because of the Federal Reserve’s recent rate hikes. It’s a headache for businesses that need new loans, as well as businesses like […]