Asia Tech & New Economy
Asian technology and communications issuers.
The Asia Tech & New Economy screen presents a compelling divergence between highgrade foundational issuers and highbeta Japanese communications debt offering doubledigit carry. Shortduration highgrade assets like the TAISEM 1.75% maturing in October 2026 offer a high yieldtoworst of 13.242% alongside an AA credit rating, creating an attractive defensive carry profile. Meanwhile, the extensive curve of SoftBank Group notes—highlighted by the SOFTBK 9.75% due April 2034 at a 10.05% YTW and the SOFTBK 9.25% due April 2032 yielding 9.547%—provides professional fixedincome investors with substantial yield pickup in the BB+ tier.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Tsmc Arizona Corp. | …AA96 | 1.75 | 13.242 | 99.839125 | 2026-10-25 | AA- | USD | 1.25BN | |
| 2 | Softbank Group Corp. | …AC70 | 9.75 | 10.05 | 98.4375 | 2034-04-01 | 2034-01-01 | BB+ | USD | 4.5BN |
| 3 | Softbank Group Corp. | …AB97 | 9.25 | 9.547 | 98.75 | 2032-04-01 | 2032-01-01 | BB+ | USD | 4.5BN |
| 4 | Softbank Group Corp. | …6676 | 6.875 | 9.352 | 98.2321429 | 2167-07-19 | 2027-07-19 | B+ | USD | 1.75BN |
| 5 | Softbank Group Corp. | …9169 | 8.5 | 9.221 | 95.5028132 | 2036-04-22 | 2036-01-23 | BB+ | USD | 500MM |
| 6 | Softbank Group Corp. | …2355 | 7.5 | 9.169 | 90.1060526 | 2035-07-10 | 2035-04-10 | BB+ | USD | 500MM |
| 7 | Softbank Group Corp. | …7427 | 8.25 | 8.994 | 91.990585 | 2065-10-29 | 2035-07-29 | B+ | USD | 1.1BN |
| 8 | Softbank Group Corp. | …8864 | 8.25 | 8.914 | 97.367033 | 2031-10-22 | 2031-07-24 | BB+ | USD | 600MM |
| 9 | Softbank Group Corp. | …4112 | 6.875 | 8.784 | 93.3667857 | 2031-01-10 | 2030-10-12 | BB+ | USD | 600MM |
| 10 | Softbank Group Corp. | …2272 | 7.25 | 8.729 | 93.4333373 | 2032-07-10 | 2032-04-11 | BB+ | USD | 600MM |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.