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News
Gotta be bonds: Australian investors wanted to tip $20 billion into Alphabet's $5.5bn debt raise
3+ week, 3+ day ago (254+ words) And locals couldn’t get enough of the US tech giant’s ‘Kangaroo’ bonds, which mature in 3, 5, 10 and 20 years, with the yield at 6.98% if you have two decades of patience, or 5.24% at 3 years. Astonishingly, orders were around 4x of the end borrowing at…...