Last week it was said by Reuters that there were plans of Apple to launch a $1 B bond in Taiwan which is also the home for Foxconn which is the iPhone assembler. The recent reports state that the sale has now gone live. The official statement states that the 30 year old US dollar bond has been sold by Apple Inc in Taiwan with a 4.15% yield. The aim is so that between $1 million to $1.2 billion can be raised by the U.S.

Technology giant in the first issue of debt. The comparison of the yield has a range which goes ahead of its pricing which is between 4.2 percent and 4.3 percent. The yield is said to reflect the strength of the finances of Apple. It has been noted by Reuters that a 4.15% yield. This is well below what had been offered by blue chip multinationals such as Intel that is on the island. The yield is said to be lower as the bet is safer. It has not been finalised as to what amount can be raised through the bond, as of now this matter is said to be confidential. Another thing that could not be determined is the rates of subscription through the sale. In order to raise funds Apple is using the bond t help raise money.

This is paying the dividends as well as stocks the buyback program. The company is trying to keep out of the country, the offshore stash of their $233 B. The reason is so the taxes can be avoided by the company. Apart from Taiwan, the bonds have also been issued in Australia, Japan and USA. The report has still not been confirmed by the company yet as they were not available to comment about the Taiwan issued bonds.