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The Record-Breaking Verizon Bond Deal Is Bigger Than These 7 Economies

Sep 11, 2013, 20:28 IST

MarketWatch bond reporter Ben Eisen points out that the Verizon bond deal - the largest corporate bond offering ever, at $49 billion - is bigger than the entire economy of Luxembourg (which sports a GDP of $42 billion, according to the IMF).

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To put the offering further into perspective, here are a few other economies smaller than the size of the Verizon deal, which prices today:

  • Honduras (GDP $38 billion)
  • Latvia (GDP $37 billion)
  • Afghanistan (GDP $31.8 billion)
  • Democratic Republic of Congo (GDP $27.5 billion)
  • Jamaica (GDP $25.2 billion)
  • Cyprus (GDP $23.6 billion)

Read more about the deal at MarketWatch »

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