Alphabet's 100-Year Bond Sees Record Demand in Sterling Sale

• Alphabet Inc. received over seven times the expected orders for its £750 million 100-year bond sale.
• The Google parent drew £5.75 billion in bids for the century bond, marking significant investor interest.
• This 100-year note is part of Alphabet's broader financing strategy, tapping US dollars, Swiss francs, and sterling markets.
• It's the first such extreme maturity bond from a tech firm since the dot-com era, highlighting AI funding needs.
• Issuing a 100-year corporate bond is rare, typically seen from governments or long-standing institutions.