Park Your Cash — Short-Dated
Senior, A-/A3 or better bonds maturing within 24 months yielding ≥ 4.5%.
The Park Your Cash theme screens for senior bonds rated A/A3 or better, maturing within 24 months, and yielding at least 4.5%. The ten names that qualify combine short duration with income well above cashequivalent rates, spanning financials, industrials and governmentrelated issuers. Intercontinental Exchange's Arated 4% 2027 notes yield 7.141%, and its 3.75% 2028 notes yield 7.714%. Both offer highquality US financial exposure with limited maturity risk, and they stand out for relative value against the rest of the screen. Israel's IDB Bank 5.375% 2028 notes yield 5.871%, and the supranational AFRFIN 2.875% 2028 notes yield 5.96%. These give investors a sovereignadjacent or institutional credit profile with attractive carry for a shortdated allocation.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Rongshi International Finance Ltd. | …2628 | 1.875 | 29.742 | 99.225 | 2026-11-22 | Inv Grade 3 | USD | 300MM | |
| 2 | SF Holding Investment 2021 Ltd. | …3011 | 2.375 | 23.181 | 99.70825 | 2026-11-17 | A- | USD | 800MM | |
| 3 | Barclays Bank plc | …5474 | 4.47 | 14.27 | 85.22 | 2028-08-04 | AA- | USD | 2BN | |
| 4 | Pacific Life Global Funding II | …3M78 | 4.6302 | 10.613 | 90.882 | 2028-07-10 | AA- | USD | 450MM | |
| 5 | Intercontinental Exchange Inc | …AJ30 | 3.75 | 7.714 | 93.2505 | 2028-09-21 | 2028-06-21 | A- | USD | 600MM |
| 6 | Intercontinental Exchange Inc | …AU84 | 4 | 7.141 | 97.4785 | 2027-09-15 | 2027-08-15 | A- | USD | 1.5BN |
| 7 | Xin Yue Co Ltd. | …2685 | 2.358 | 6.542 | 99.1989129 | 2027-01-25 | Inv Grade 3 | USD | 500MM | |
| 8 | Intercontinental Exchange Inc | …AF18 | 3.1 | 6.327 | 97.398 | 2027-09-15 | 2027-06-15 | A- | USD | 500MM |
| 9 | Africa Finance Corporation | …7792 | 2.875 | 5.96 | 95.75 | 2028-04-28 | Inv Grade 3 | USD | 750MM | |
| 10 | Israel Discount Bank Ltd. | …0878 | 5.375 | 5.871 | 99.42662 | 2028-01-26 | 2027-12-26 | Inv Grade 3 | USD | 800MM |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.