11:03 AM EDT, 10/16/2024 (MT Newswires) -- Goldman Sachs Group ( GS ) is looking to sell bonds in up to two parts Wednesday, Bloomberg News reported, citing a person familiar with the matter.

The longer part of the potential sale is an 11-year fixed-to-floating rate security that might yield 1.25 to 1.3 percentage points above Treasuries, the report said Wednesday.

Goldman declined to comment, Bloomberg said.

Goldman didn't immediately respond to a request for a comment from MT Newswires.

On Tuesday, Goldman reported Q3 financial results that topped estimates by analysts.

The company's shares rose 2.2% in recent Wednesday trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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