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DewDiligence

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DewDiligence

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Re: DewDiligence post# 101882

Tuesday, 05/28/2013 6:28:01 PM

Tuesday, May 28, 2013 6:28:01 PM

Post# of 257580
Bond Bubble continues—PFE sells $3.5B of debt at following rates:

http://finance.yahoo.com/news/pfizer-prices-4-0-billion-215800684.html

• $750M of 4-year notes at 0.90%
• $1B of 5-year notes at 1.50%
• $1B of 10-year notes at 3.00%
• $750M of 30-year notes at 4.30%

PFE also sold $500M of 5-year floating rate notes, making it a $4B offering in all.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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