Global Tech Giants (USD IG)
USD, A-/A3+ technology bonds from Apple, Microsoft, Oracle and Meta.
This screened theme highlights ultralong USD investmentgrade debt from premier global technology titans Microsoft and Apple, offering institutional portfolios exceptional credit resilience coupled with historically elevated yields above the 6% threshold. Deeply discounted cash prices across the curve—exemplified by Microsoft's 2.5% 2050 trading near 55.20 and Apple's 2.85% 2061 changing hands around 53.65—provide professional fixedincome investors with substantial capital appreciation potential alongside reliable duration extension. The topranked Microsoft 4.75% 2055 anchors the screen with a compelling 6.136% YTW and a robust AAA rating, while Apple’s 2061–2062 vintage curve offers deep liquidity and yields clustering tightly near 6.05%, presenting attractive relative value for core USD allocations.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Microsoft Corp. | …BM55 | 4.75 | 6.136 | 81.32 | 2055-11-03 | 2055-05-03 | AAA | USD | 295MM |
| 2 | Microsoft Corp. | …CW29 | 2.5 | 6.078 | 55.2173334 | 2050-09-15 | 2050-03-15 | AAA | USD | 1.43BN |
| 3 | Apple Inc. | …ER75 | 4.1 | 6.077 | 71.2845 | 2062-08-08 | 2062-02-08 | AA+ | USD | 1.25BN |
| 4 | Apple Inc. | …EL06 | 2.85 | 6.062 | 53.655 | 2061-08-05 | 2061-02-05 | AA+ | USD | 1.4BN |
| 5 | Apple Inc. | …EG11 | 2.8 | 6.052 | 53.224 | 2061-02-08 | 2060-08-08 | AA+ | USD | 1.75BN |
| 6 | Apple Inc. | …DQ02 | 2.95 | 6.049 | 61.8715 | 2049-09-11 | 2049-03-11 | AA+ | USD | 1.5BN |
| 7 | Microsoft Corp. | …CD48 | 2.675 | 6.049 | 51.7471667 | 2060-06-01 | 2059-12-01 | AAA | USD | 3.75BN |
| 8 | Apple Inc. | …DW79 | 2.65 | 6.042 | 57.688 | 2050-05-11 | 2049-11-11 | AA+ | USD | 2.5BN |
| 9 | Apple Inc. | …EF38 | 2.65 | 6.042 | 57.0875 | 2051-02-08 | 2050-08-08 | AA+ | USD | 3BN |
| 10 | Apple Inc. | …EK23 | 2.7 | 6.042 | 57.344 | 2051-08-05 | 2051-02-05 | AA+ | USD | 1.8BN |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.