By Alistair Barr
Publication Date: 2026-02-09 17:42:00
This morning, I woke up to a stunning report that Google is gearing up to sell a 100-year bond.
That follows a similar move in early November, when Google issued a 50-year bond.
Investors are giving this company billions and are willing to wait up to a century to get it back. In contrast, the US government usually borrows money for a maximum of 30 years.
And the interest rates Google is paying are not that much more than what the US Treasury pays. For the 50-year bond, Google paid about 1 percentage point more, but got an extra 20 years to repay.
To me, this means Google is now considered about as safe a bet as an entity that oversees the world’s largest economy, operates the most powerful military on earth, and can print US dollars to pay back what it owes. How is this possible?
In September, something happened that changed what Google really is. After previously ruling Google was a monopoly, a…
