(Recasts, adds details) By Jonathan Stempel NEW YORK, Jan 30 (Reuters) - Sales of floating-rate notes are up this week as issuers take advantage of low interest rates and investors hesitate to buy long-term debt, fearing that improving economies will cause rates to rise. Citigroup Inc. , General Electric Co. and General Motors Corp. have sold about $4.8 billion of the notes this week as short-term interest rates sit at four-decade lows. National Rural Utilities Cooperative Finance ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Citigroup, GE, GM sell floaters at low yields" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.