UPDATE 1-GM's $15.5 bln bond oversubscribed

Newswire

(Adds background, details, adds byline) By Dena Aubin NEW YORK, June 25 (Reuters) - Generous yields on a $15.5 billion bond sale from General Motors Corp. and its finance unit have the market clamoring for nearly twice as many bonds, or about $30 billion worth, investors and analysts said on Wednesday. The multi-currency bond sale was increased in size from an originally expected $13 billion because of demand for the corporate paper, expected to pay at least four full percentage points ...

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