Alphabet 100-year bond: Why did Google’s parent issue a rare century bond?

Google 100-year bond: Google’s parent company, Alphabet Inc., recently made headlines by issuing an ambitious 100-year bond. This move by Alphabet Inc. is aimed at raising funds for the company’s AI ambitions. An offer with a 100-year lock-in is seen as an investment for the next generation, as the investor might not be alive to receive the return on their money after 100 years. Another risk is the company’s survival and dominance over the next century.

Today, Alphabet’s 100-year bond yield is 6.125%, which may rise in future bond offerings as bond prices and yields move in opposite directions.