Forget CDs Or Treasuries: Bank of America Offering 6.55% Yielding Bond

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Bank of America has issued a 10-year corporate note with a 6.55% coupon rate for fixed income investors. The bond is offering an interest rate 90 basis points higher than the highest coupon certificate of deposits currently on the open market.

Devin Wang

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Forget CDs Or Treasuries: Bank of America Offering 6.55% Yielding Bond

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