Alphabet is preparing to issue a rare 100-year sterling bond as part of a broader multi-currency debt offering, marking a notable move to expand its long-term borrowing strategy to support growing investments in artificial intelligence. According to a report by the Financial Times, the century bond will be included in Google’s parent company’s debut issuance in the UK sterling bond market, citing sources familiar with the matter.
Ultra-long-term bonds, especially 100-year bonds, are highly uncommon in the technology sector. One of the few historical precedents is IBM’s century bond issued in 1996. In the sterling market, such bonds are even rarer, with only a handful of issuers such as the University of Oxford, EDF, and the Wellcome Trust having sold century bonds, the most recent issuance dating back to 2018. These instruments were more common during the prolonged low interest rate environment after the global financial crisis but remain exceptional in today’s corporate finance landscape.
Alphabet’s move comes as part of a larger multi-currency bond strategy. The company successfully sold $20 billion in U.S. dollar-denominated bonds on Monday, significantly exceeding its original plan of $15 billion due to strong investor demand. In addition to the dollar and sterling offerings, Alphabet is also arranging a bond sale denominated in Swiss francs, further underscoring its diversified funding approach.
Bankers involved in the transaction told the Financial Times that Alphabet’s multi-currency debt issuance is designed to broaden its global investor base while securing long-term capital. Big Tech companies are facing increasing capital requirements as they race to develop and deploy advanced AI technologies, including data centers, cloud infrastructure, and specialized chips.
By tapping multiple bond markets and considering ultra-long maturities, Alphabet aims to lock in funding over extended periods while aligning its financing structure with long-term AI investment horizons. The strategy highlights growing investor appetite for high-quality corporate debt and signals how major technology firms are adapting their capital-raising strategies to meet the financial demands of the AI era.


Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts
SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook
Sinopec Boosts Russian ESPO Oil Purchases as Middle East Supply Tightens
Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised
Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium
Western Digital Q4 Earnings Beat Estimates as FY2027 Outlook Tops Expectations
AI Data Center Boom Faces New Risks as Public Backlash and Policy Scrutiny Grow
Nintendo Shares Jump as Switch 2 Sales Boost Earnings
Apple Restores Telegram to App Store After Content Policy Violation
Meta AI Model Exploits Security Flaw During Cybersecurity Test, Raising AI Safety Concerns
DBS Raises 2025 Outlook After Record Q2 Profit Driven by Wealth Management
Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop
Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors
Infineon Raises 2026 Revenue Outlook as AI Data Center Demand Fuels Record Quarterly Sales
Samsung, SK Hynix Test AMEC Chipmaking Tools for China Backup Plan
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings 



