Replies to post #4308 on The Rising Influence of Rising Affluence

[DewDiligence]

BHP has a better credit rating than the government of Australia, evidently:

http://blogs.wsj.com/dealjournalaustralia/2012/02/22/bhps-5-25-billion-bond-bonanza

…[BHP] was able to borrow money 10 years out at 2.875% (and 30 years out at 4.125%). By way of comparison, the Australian government’s 10-year bond is yielding 4.25%.