According to CoinMeta, Microsoft completed a $25 billion bond issuance on November 4th, which was divided into 10 tranches. This included $2 billion in floating-rate bonds and $23 billion in fixed-rate bonds with maturities ranging from 2028 to 2066. The fixed-rate bonds had coupon rates ranging from 4.85% to 6.35%. The underwriters for this issuance were JPMorgan Chase, UBS, and Wells Fargo.