Apple Taps US High-Grade Bond Market

The video discusses a corporate bond sale by Apple, potentially raising over $5 billion in a five-part deal. The longest bond, a 30-year note, may yield 135 basis points over treasuries. The timing is strategic, with many issuers entering the market before key economic data releases. Apple follows Meta's recent $8.5 billion bond sale. This marks Apple's first bond sale since August, aimed at funding share buybacks and dividends, with expectations of $100 billion in shareholder returns. The proceeds will also support general corporate purposes.

What is the expected yield of the longest bond in the company's upcoming sale?

• 140 basis points over comparable treasuries

• 120 basis points over comparable treasuries

• 150 basis points over comparable treasuries

• 135 basis points over comparable treasuries

Which company recently conducted a significant bond sale before Apple?

• Microsoft

• Amazon

• Meta

• Google

What was the purpose of Apple's bond sale in August?

• To expand into new markets

• To invest in renewable energy

• To support share buybacks and dividend payments

• To fund new product development

What is the expected total shareholder return for Apple this year?

• $125 billion

• $100 billion

• $75 billion

• $50 billion

Apart from shareholder returns, what other purposes will the bond sale proceeds be used for?

• Marketing and advertising

• Mergers and acquisitions

• Research and development

• General corporate purposes, CapEx, and working capital