Business · Companies · 4 hrs ago
Investors place $320 billion in orders for Big Tech bonds
Microsoft, Alphabet, Meta, Apple and Oracle raised nearly $75 billion through bonds as their share prices fell.
Investors submitted about $320 billion in orders for the new debt.
Bond buyers focus on whether a company can repay its debt, while shareholders are more concerned about profits and growth.
The five companies have strong credit ratings, although Oracle has a weaker rating than the others.
Big Tech offered relatively high interest rates to attract buyers, with 10-year dollar bonds yielding 5.4% to 8%.
Those higher rates partly reflect the large supply of new debt, not necessarily deep investor doubts about the companies.
Tech firms have issued about $440 billion in bonds since early 2025, and may need to borrow more, so investors will be watching their borrowing costs.
Investors placed orders worth around $320 billion for nearly $75 billion of bonds issued by major technology companies.
The bond sales came amid a sharp fall in stock markets.
Microsoft, Alphabet, Meta and Apple have strong credit ratings, while Oracle has a lower rating.
Bond yields ranged from 5.4% to 8.0% for the companies’ 10-year dollar bonds.
Big Tech companies have issued around $440 billion in bonds across currencies since early 2025.
- Who
- Investors placed the orders; the issuers included Microsoft, Alphabet, Meta, Apple and Oracle.
- What
- Investors submitted orders worth around $320 billion for nearly $75 billion of Big Tech bonds.
- When
- The article was published on November 8, 2026. The bond sales were described as recent.
- Where
- Not stated
- Why
- Investors were chiefly assessing whether the companies could pay interest and repay their bonds. The article says high risk premiums also reflected the large supply of bonds.
This story does not have two clearly opposing sides.
Major US technology companies issued around $440 billion in bonds across currencies.
Big Tech companies issued nearly $75 billion in bonds and received orders worth around $320 billion.
- Orders
- Around $320 billion
- Bonds issued
- Nearly $75 billion
- Microsoft 10-year dollar bond yield
- 5.6%
- Oracle 10-year dollar bond yield
- 8.0%
- Big Tech bonds issued since early 2025
- Around $440 billion