NEW YORK (MarketWatch) — The new must-have Apple accessory: its bond debt.
Demand for the technology company’slandmark $17 billion in bonds didn’t stop at issuance. The bonds traded Wednesday in high volumes with prices stuck above their offering levels.
Buying and selling of Apple (US:AAPL) bonds represented more than one in every seven trades in the high-grade corporate bond market Wednesday as of 4:30 p.m. Eastern, according to MarketAxess. Some $2.09 billion of Apple trades took place Wednesday against total trading of $13.40 billion, or 15.6% of all trades.
That number was even higher, at 23.5%, earlier Wednesday as investors looked to buy Apple debt, said Jody Lurie, corporate credit analyst at Janney Montgomery Scott.










