Global Tech Giants (USD IG)

USD, A-/A3+ technology bonds from Apple, Microsoft, Oracle and Meta.

The USD investmentgrade tech universe currently presents an exceptionally rare entry point, highlighted by highgrade megacap issuers trading at deeply discounted dollar prices alongside yieldstoworst hovering tightly above the 6.10% threshold. Toptier names dominating the current screen—led by AAArated Microsoft across its longend stack, such as the MSFT 2.675% maturing in June 2060 offering a 6.154% YTW—combine fortress balance sheets with compelling duration extension characteristics. Apple's ultralong paper further anchors this thematic basket, with the AA+ rated AAPL 4.1% due August 2062 delivering a robust 6.132% YTW at a cash price near 70.68, offering institutional portfolios substantial total return upside and pristine credit safety.

#IssuerISINCouponYTWPriceMaturityNext CallRatingCURAMT OUT
1Microsoft Corp.…CD482.6756.15450.83466672060-06-012059-12-01AAAUSD3.75BN
2Microsoft Corp.…CF953.0416.14955.3782062-03-172061-09-17AAAUSD1.93BN
3Microsoft Corp.…CC642.5256.1455.23666672050-06-012049-12-01AAAUSD6.25BN
4Apple Inc.…EL062.856.1452.95292862061-08-052061-02-05AA+USD1.4BN
5Microsoft Corp.…CW292.56.13954.69722050-09-152050-03-15AAAUSD1.43BN
6Microsoft Corp.…BU713.956.13770.242056-08-082056-02-08AAAUSD433MM
7Microsoft Corp.…CE212.9216.13658.8882052-03-172051-09-17AAAUSD6.25BN
8Apple Inc.…ER754.16.13270.67114292062-08-082062-02-08AA+USD1.25BN
9Apple Inc.…EG112.86.12752.55135722061-02-082060-08-08AA+USD1.75BN
10Microsoft Corp.…BE3046.12671.58166672055-02-122054-08-12AAAUSD540MM

Results are limited to USD bonds with an amount outstanding of at least USD 200MM.