Park Your Cash — Short-Dated
Senior, A-/A3 or better bonds maturing within 24 months yielding ≥ 4.5%.
Professional fixedincome portfolios facing elevated cashmanagement hurdles can capitalize on highgrade, shortdated opportunities offering compelling yields to worst well above prevailing cash rates while strictly capping duration risk under 24 months. The current screen highlights several senior, investmentgrade credits trading at meaningful discounts to par, combining strong balancesheet fundamentals with outsized return profiles led by names such as ICBCIL at 14.596% YTW and SFHOLD at 12.664% YTW. Domestic and crossborder issuers further down the screen—including highquality industrials and financials like Honeywell (7.47% YTW), Nike (6.733% YTW), and Intercontinental Exchange (6.986% YTW)—provide institutional investors with diversified, liquid avenues to lock in robust absolute yields without extending the curve.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ICBCIL Finance Co Ltd. | …8488 | 2.25 | 14.596 | 99.8266667 | 2026-11-02 | Inv Grade 3 | USD | 750MM | |
| 2 | SF Holding Investment 2021 Ltd. | …3011 | 2.375 | 12.664 | 99.425 | 2026-11-17 | A- | USD | 800MM | |
| 3 | Pacific Life Global Funding II | …3M78 | 4.67 | 10.41 | 90.96 | 2028-07-10 | AA- | USD | 450MM | |
| 4 | Barclays Bank plc | …5474 | 4.37 | 8.181 | 93.8155366 | 2028-08-04 | AA- | USD | 2BN | |
| 5 | Intercontinental Exchange Inc | …AJ30 | 3.75 | 7.63 | 93.2505 | 2028-09-21 | 2028-06-21 | A- | USD | 600MM |
| 6 | Honeywell International Inc. | …BL94 | 2.5 | 7.47 | 99.9578464 | 2026-11-01 | A | USD | 1.5BN | |
| 7 | Intercontinental Exchange Inc | …AU84 | 4 | 6.986 | 97.4785 | 2027-09-15 | 2027-08-15 | A- | USD | 1.5BN |
| 8 | Nike, Inc. | …AF00 | 2.375 | 6.733 | 99.9507519 | 2026-11-01 | A | USD | 1BN | |
| 9 | Ecolab Inc. | …AV25 | 2.7 | 6.517 | 99.967489 | 2026-11-01 | A- | USD | 750MM | |
| 10 | GACI First Investment Co. | …2321 | 5 | 6.39 | 98.725 | 2027-10-13 | 2027-09-13 | Inv Grade 2 | USD | 1.25BN |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.