Amazon raises $10b at record low yield

Last week Amazon raised $10 billion in the bond market at a record low rate for corporate America. Included in the bond offering was 30-year and 40-year debt. The record low rates and long timeframe show how confident investors are in the long term future of the company.

For Amazon's three-year notes they only have to pay 0.4% in interest, only slightly higher than the 0.2% that the US government needs to pay. These low rates are truly amazing.

Being able to raise such cheap money means that Amazon can continue to grow at a rapid rate, and not have to worry about interest being a drag on profits.

Here are more details - Amazon secures record low borrowing costs.