What Are Kangaroo Bonds? Why Alphabet Is Borrowing Billions in Australia

Bloomberg Markets Friday 21 August 2026, 03:03 UTC By Finbarr Flynn 1 min read

Key Points

Australia’s bond market is drawing increased interest from overseas borrowers. That includes Google’s parent Alphabet Inc., which issued debt in the country for the first time in August to help fund its AI spending. The technology giant raised A$5.5 billion ($3.9 billion) by selling so-called Kangaroo bonds.

Australia (LOCATION) Google (ORG) Alphabet Inc. (ORG) AI (ORG) Kangaroo (ORG)

Originally published by Bloomberg Markets Read original →

MANCHESTER, England — On the day in June that Andy Burnham ended his nine-year term as mayor, Manchester’s authorities sent him off with a parting gift: a wingback chair whose shiny fabric was printed with the city’s trademark worker-bee symbol and its rallying cry “we do things differently here.” One month later, Burnham moved to 10 Downing Street, the sprawling Georgian terrace in London replete with mice, net curtains, cranky heating and patchy phone signal from which six other prime...

Politico EU 22m ago

What Are Kangaroo Bonds? Why Alphabet Is Borrowing Billions in Australia

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