Global Tech Giants (USD IG)
USD, A-/A3+ technology bonds from Apple, Microsoft, Oracle and Meta.
This screened USD investmentgrade theme highlights ultralong duration debt issued by premier global technology anchors, specifically Microsoft and Apple, offering institutional portfolios exceptional credit safety paired with historically elevated yields above 6.1%. Across the topranked selection—dominated by AAArated Microsoft and AA+rated Apple lines—investors can lock in compelling longterm income, exemplified by Microsoft’s 4.75% 2055 maturity yielding 6.256% and Apple’s 3.75% 2047 paper offering a 6.202% yield to worst. Deeply discounted prices on lowcoupon legacy issues, such as Microsoft's 2.675% 2060 bond trading near 51 with a 6.137% yield, present institutional accounts with powerful convexity profiles alongside significant capital appreciation potential as the rate cycle pivots.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Microsoft Corp. | …BM55 | 4.75 | 6.256 | 79.941 | 2055-11-03 | 2055-05-03 | AAA | USD | 295MM |
| 2 | Apple Inc. | …DD98 | 3.75 | 6.202 | 71.4919674 | 2047-09-12 | 2047-03-12 | AA+ | USD | 1BN |
| 3 | Apple Inc. | …EK23 | 2.7 | 6.172 | 56.1944926 | 2051-08-05 | 2051-02-05 | AA+ | USD | 1.8BN |
| 4 | Apple Inc. | …DG20 | 3.75 | 6.159 | 71.7746005 | 2047-11-13 | 2047-05-13 | AA+ | USD | 1.25BN |
| 5 | Microsoft Corp. | …CU62 | 4.5 | 6.157 | 80.76 | 2047-06-15 | 2046-12-15 | AAA | USD | 392MM |
| 6 | Microsoft Corp. | …CD48 | 2.675 | 6.137 | 50.9748637 | 2060-06-01 | 2059-12-01 | AAA | USD | 3.75BN |
| 7 | Microsoft Corp. | …CF95 | 3.041 | 6.132 | 55.5225556 | 2062-03-17 | 2061-09-17 | AAA | USD | 1.93BN |
| 8 | Microsoft Corp. | …CW29 | 2.5 | 6.112 | 54.9073715 | 2050-09-15 | 2050-03-15 | AAA | USD | 1.43BN |
| 9 | Apple Inc. | …EL06 | 2.85 | 6.105 | 53.255 | 2061-08-05 | 2061-02-05 | AA+ | USD | 1.4BN |
| 10 | Microsoft Corp. | …CC64 | 2.525 | 6.102 | 55.54625 | 2050-06-01 | 2049-12-01 | AAA | USD | 6.25BN |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.