Bank of America Joins Bond-Sale Spree by US Lenders.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Smith, Brian; Gambale, Michael; Roy, Yash 3 of 3

Abstract

The article focuses on Bank of America Corp.'s initiation of the sale of investment-grade dollar bonds, contributing to a surge in offerings by major Wall Street banks. The sale includes six-year fixed- and floating-rate notes, as well as an 11-year fixed-rate security, with initial pricing set at a premium above Treasuries. This move follows a record month for high-grade note offerings, totaling $50.5 billion, led by Goldman Sachs Group Inc. Additionally, the article notes that Citigroup Inc. recently raised funds through junk-rated perpetual notes, while other firms like American Express Co. and Visa Inc. also participated in the high-grade market. Bank of America's recent quarterly results exceeded analysts' expectations, highlighting strong performance in equity trading. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2026
  • Accession Number:191333491
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