IBM Bond Sale Kicks Off Buying Frenzy Amid Turbulent Markets

The video discusses the high demand for bond offerings, highlighting examples of oversubscription, such as Bristol Myers. Despite market volatility, there is strong conviction from issuers and underwriters to proceed with large bond sales. Credit spreads have been rallying, and timing is crucial as the market approaches summer.

What was the order amount for the $20 billion bond offering mentioned in the video?

• $19 billion

• $60 billion

• $38 billion

• $20 billion

How did the Bristol Myers bond offering compare to the $20 billion offering in terms of subscription?

• It was more oversubscribed

• It was not oversubscribed

• It was equally oversubscribed

• It was less oversubscribed

What is surprising about the bond sales during the week of market volatility?

• The bond sales were canceled

• The bond sales were weak

• The bond sales were postponed

• The bond sales were strong

What is one reason for the confidence in bond sales despite market volatility?

• Decreasing credit spreads

• Rallying credit spreads

• Stable credit spreads

• Fluctuating credit spreads

Why is it important to issue bonds before the summer, according to the video?

• To avoid high interest rates

• To take advantage of low demand

• To prevent supply indigestion

• To meet the calendar deadlines