Investors Buy $17.25 Billion in Banks' Bonds.

The article reports on the sale of a cumulative $17.25 billion of U.S. government-guaranteed bank bonds by Goldman Sachs Group Inc., Morgan Stanley and J.P. Morgan Chase & Co. as part of the Temporary Liquidity Guarantee Program of the Federal Deposit Insurance Corp. (FDIC). The program offers financial aid to banks that were supposedly closed due to refinancing debt. The new bonds feature reduced credit risk with additional yield. It says the fixed-rate notes offered by Morgan Stanley also traded well in the secondary market.