Alphabet's 100-year British pound bonds attract UK insurance companies and pension funds.

CreditSights analyst Alex Lawrence said that demand from UK pension funds and insurance companies for Alphabet's 100-year pound-denominated bond is strong, with reported subscriptions reaching 9.5 billion. Lawrence stated, "UK pension funds and insurance companies see this bond as a good opportunity to increase their exposure to the technology sector in their investment portfolios." He added that despite the increased debt issuance, Alphabet's credit metrics remain outstanding. "The company has high-quality long-term assets and performs very well in the field of AI across the entire technology stack."