I assume you mean BRK. If that's the case, BRK borrows at a very cheap rate (in the case the bonds purchased, their coupon is 4%, which is kinda high for BRK).
BRK borrows for a couple of reasons, but chief among them are that sometimes it's better to write bonds (for tax reasons), than it is to use cash. At 4%, I can see that being the case.
BRK borrows for a couple of reasons, but chief among them are that sometimes it's better to write bonds (for tax reasons), than it is to use cash. At 4%, I can see that being the case.