Goldman Sachs Sells $2.5 Billion of 30-Year Bonds
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Goldman Sachs Group Inc. sold $2.5 billion of 30-year debt in its first sale of the securities in more than three years, as investors accept the lowest premiums since April for bank bonds with similar credit grades.
The 6.25 percent notes from the fifth-biggest U.S. bank by assets pay 170 basis points, or 1.7 percentage points, more than similar-maturity Treasuries, according to data compiled by Bloomberg.