$111.3 Billion Value Of Foreigners’ Offerings For U.S. Treasury Bonds

Secondary offering by Tencent is among the largest in the world in the period for the next 5 years.

According to Bloomberg, the new secondary offering came today with shares of China’s Technology giant “Tencent” securing a place on the list with $14.7 billion as one of the largest offerings of bonds in the U.S. Treasury followed by “T-Mobile America,” with $15.9 billion, “Rivian Automotive,” with $13.7 billion, “BlackRock,” with $13.3 billion, and “Alibaba,” with $12.9 billion, exceeding the value of offerings of SoftBank with $11.7 billion and LG Energy with $10.8 billion totaling $111.3 billion.

Increasing the offer of total value to $143.1 billion if completed.

Bloomberg