Yesterday, I shared that Alphabet (Google’s parent company) was planning to issue some 100-year bonds. According to a Bloomberg article (see here), they were planning to raise around $20 billion. But they ended up raising almost $32 billion in debt in less than 24 hours. It looks like they sold $20 billion in debt Monday. And then raised another almost $12 billion in pounds sterling and Swiss francs. I don’t know why they’d raise in those denominations, and I’m curious to learn more about bonds and why they chose this strategy in particular.

I’m eager to learn more about the world of bonds, and this seems like the perfect time.

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