Question
Walmart has issued lots of bonds. Other reports showed the same pattern. For example, I noticed that on February 15, 2000, Walmart issued $1 billion
Walmart has issued lots of bonds. Other reports showed the same pattern. For example, I noticed that on February 15, 2000, Walmart issued $1 billion in bonds with a coupon rate of 7.55 per cent. The bonds mature on February 15, 2030, around 11 years from now. I also noticed from an online source that these bonds were selling for $136.38 and yielding 3.53 per cent.
U.S. Department of Treasury website that three-month treasury bills were yielding 2.45 per cent, while one-, five-, and 10-year treasury bonds were yielding 2.54 per cent, 2.47 per cent, and 2.65 per cent, respectively
I found some other interest rates as well. The prime rate is 5.50 per cent, and three-month commercial paper was averaging 2.73 per cent
What's walmart cost of debt
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