Global Bond Issuance Sets a Record as AI Borrowing Grows

Global bond sales reached a record $5.95 trillion in 2025, with borrowing to finance artificial intelligence projects among the forces behind the surge. The total exceeded the previous annual high set in 2024, and the year was not yet over when the record was reported in early November. Bloomberg’s report said financial institutions and governments led issuance, while large offerings from Alphabet and Meta helped lift debt sales in the communications sector.