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The coupon rate is 7.114 percent, and S.& P. rates them BB, the top junk grade.
The bonds are investment grade, rated BBB+ by Standard & Poor's; their coupon rate is 6.875 percent.
The 40-year bonds sold in August 2006 have a coupon rate of 5percentt.
Analyst Robin Byde said: EasyJet has issued a new 2023 bond at an attractive low coupon rate.
This number takes into account the market price, par value, coupon rate and time to maturity.
For each cut in AT&T's credit rating, the coupon rate on the bonds increases 0.25percentt.
The bonds matured last June, with Enron's credit rating never having moved enough to alter the coupon rate.
British Airways issued £250 million, or about $356 million, in credit-sensitive notes in August at a coupon rate of 7.25percentt.
In today's auction, the Ministry of Finance tried to sell 1.8 trillion yen $14.8 billionn) of 10-year bonds with a coupon rate of 1.2percentt.
Bankers say that the fund has been demanding a coupon rate of less than 3.5 percent for bonds maturing by 2014.
Each time, the company was obliged to raise the bonds' coupon rate 0.5 percentage point, to a current rate of 8.75percentt.
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