Alphabet's massive bond issuance received orders of $115 billion.

Alphabet's latest round of massive bond issuance garnered approximately $115 billion in orders, indicating that investors are regaining interest in debt related to the AI boom following a recent sell-off. According to sources, the demand for this bond issuance exceeded the expected upper limit of $25 billion by four times. This demand surpassed the subscription amounts achieved by other recent AI-related bond issuances from companies like Amazon and SpaceX. For this bond issuance, Alphabet offered investors a relatively high issuance discount to attract demand.