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IBM and AT&T add to floating-rate note frenzy

Reuters: Technology

Fri, 8 Feb 2013

Feb 8 (IFR) - IBM and AT&T made the most of a surge in demand for floating-rate notes in the US corporate bond market this week by issuing US$2.25bn of two-year and three-year floaters, and in IBM's case at a negative spread to Libor.

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