Alphabet Inc. is diversifying its funding sources by issuing British pound and Swiss franc-denominated bonds for the first time, including an ultra-rare 100-year Swiss franc bond. The move follows the tech giant’s recent $20 billion US debt sale, marking its first venture into European currency debt markets.

The $20 billion US deal last month demonstrated strong investor appetite for Alphabet’s debt despite rising interest rates. By adding sterling and Swiss franc options, the Google parent company aims to broaden its investor base and lock in long-term financing. The century bond – an exceptionally rare instrument – signals confidence in Alphabet’s enduring value proposition.

Corporate debt specialists note the offering capitalizes on European investors seeking stable returns from blue-chip issuers. Alphabet’s triple-A credit rating and $110 billion cash reserves make it a prime candidate for such exotic debt structures. The deal arrives as global companies increasingly explore alternative currencies to hedge against dollar volatility.