Amazon got a pretty sweet deal on its recent $16 billion debt financing.

The deal was so good, in fact, that a chunk of it ended up being better than what the governments of Russia, Mexico, Greece, Chile and China could've gotten, according to a report from Quartz's John Detrixhe.

The offering priced on Tuesday amid strong demand from investors, the Wall Street Journal reported .

The company sold a $3.5 billion tranche of 10-year bonds at a 0.9-percentage-point yield-premium to Treasurys, below guidance set by underwriters, according to the WSJ.

Given the 10-year Treasury is currently trading at around 2.27%, that makes for a yield on Amazon's debt of around 3.2%.

Detrixhe pointed out that while that's still more expensive than what borrowing costs in Germany, the US and Canada, it puts some other world powers to shame.

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