Apple Sells Bonds
RENEE MONTAGNE, HOST:
NPR's business news starts with a scramble for Apple bonds.
(SOUNDBITE OF MUSIC)
MONTAGNE: Apple, yesterday, sold $17 billion worth of bonds - which is a new industry record. Apple issued the bonds to take advantage of low interest rates as it prepares to make a payout of $100 billion to shareholders by 2015.
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