Bond Sales Topping $3 Trillion Nears 2009 Record

Bond Sales Topping $3 Trillion Nears 2009 Record

David Paul Morris/Bloomberg

Oracle issued bonds due in 2017 and 2022 on Oct. 18 in its first offerings in more than two years. Spreads on its $2.5 billion of notes due in 2022 narrowed to 64 basis points from 68 when sold, Trace data show.