Global corporates have also been turning to the Swiss franc bond market in recent years to diversify their debt-raising programmes. Alphabet tapped the euro bond market as recently as November, raising €6.5 billion ($7.7 billion). The £5.5 billion ($7.5 billion) sterling offering far surpassed the previous record corporate bond sale in the sterling market — a £3 billion sale by National Grid Plc in 2016. In the Swiss market, Alphabet’s sale edged out a prior record 3 billion Swiss franc ($3.9 billion) sale from Roche Holding AG. BNP Paribas SA and Deutsche Bank AG were on the Swiss franc issue.

Source: Mint February 11, 2026 02:26 UTC