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Looking for IFA views on 100-year corporate bonds

Journalist: Laura Purkess, Freelance

ended 25. February 2026

Hi, I'm looking for comments from financial advisers or finance experts on 100-year corporate bonds as an investment for clients - who they might be suitable for, whether you would consider them, the pros and cons, etc. For features in Professional Adviser and The I Paper (with respective B2B and consumer angles). 

The hook is Alphabet (Google) issuing 100-year corporate bond to fund its AI expansion - do you see other companies doing the same? 

https://www.reuters.com/business/alphabet-sells-bonds-worth-20-billion-fund-ai-spending-2026-02-10/

Thanks so much,

Laura

2 responses from the Newspage community

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Editor
Steven Greenall
Mortgage and Protection Advisor at Protect & Lend
A novelty approach from a Corporate issuer. Unsurprising there has been plenty of demand from Institutional investors due to the current credit risk, the ultra long maturity and the attractive coupon.
However, when you consider how equity indexes change over time, and how Tech companies can come and go, will Alphabet even exist in 100 years to repay? I can see huge risk to the price of the bond as the decades go past
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Editor
Nouran Moustafa
Practice Principal & IFA at Roxton Wealth
A 100 year corporate bond is not about brand recognition it’s about duration risk. When you extend maturity that far, you are making a very long term call on interest rates, inflation and corporate resilience.
For most retail investors, that level of duration exposure is unnecessary. However, for ultra high net worth clients with deeply diversified portfolios, a carefully sized allocation could serve as a strategic yield lock in, particularly if issued by a globally dominant business with strong balance sheet fundamentals.
The key risk is sensitivity. Even modest rate movements can significantly impact valuations over that timeframe. These instruments are sophisticated tools not core holdings.
We may see other large cap companies follow if capital expenditure requirements remain elevated, particularly in capital intensive sectors like AI. But investor appetite will ultimately depend on yield versus duration trade off.