Will issuance of long term bond increase current ratio?

Issuing long-term bonds typically increases a company's cash or cash equivalents, which can improve the current ratio if the cash is classified as a current asset. However, since long-term bonds also create a long-term liability, the net effect on the current ratio depends on the overall change in current assets versus current liabilities. If the increase in current assets (cash) is greater than any increase in current liabilities, the current ratio will improve; otherwise, it may not have a significant impact.