Topic
The market where companies borrow by issuing bonds to investors, priced via credit spreads over government debt and sold through underwriting banks.
Tencent is planning an offshore bond sale of up to $5 billion, Bloomberg reported, after a roughly $4.7 billion deal in June. Together the two would raise up to $9.7 billion, about 1.2 quarters of its reported June AI capex.
Reality
Tencent is weighing an offshore bond sale of up to $5 billion, months after a $4.7 billion June deal, Bloomberg reported. The company has no listed bonds due this year and has not said what the money is for, so the case for linking the sale to its AI build rests on timing.
Reality
SEBI and the Reserve Bank of India now have 10.25 billion rupees of corporate debt live on a permissioned ledger settled in wholesale digital rupees, with the depositories holding the private keys and 23 investors holding the bonds.
Reality
Demat 2.0 settled REC, L&T and IIFL paper against the wholesale digital rupee on the day of bidding, with the same ISINs, coupons and ratings the bonds would have carried anyway.
Reality
The largest corporate bond ever sold in Australia raised about US$3.9bn for Alphabet. Its 2026 capital expenditure guidance is between $195bn and $205bn.
Reality
The largest bond sale in AMD's history lands months after it committed up to $5bn to Anthropic and 2GW of MI450s. AMD says the proceeds are for general purposes.
Reality