Alphabet is issuing a 100-year bond; here is why.

Yes, Google's parent company, Alphabet, is just tapping the bond market with a 100year time frame. No joke, this bond is not going to mature until the year 2126. And the wild part is investors could not get enough of it.So, Alphabet is raising about $32 billion across multiple bond deals in multiple currencies and only a smalish part, 1 billion British pounds, is for a hundred years. Now, let's talk about who buys something like this. Some buyers like pension funds and insurers want steady payments for a ve ...