BHP 4.75% 2028 bond (US055451AZ15)
As of 2026-10-27 · rebuilt daily
https://bondscovery.com/bond/US055451AZ15
BHP's 4.75% USD bond maturing 2028-02-28 (US055451AZ15) yields 4.99% to worst as of 2026-10-27. That is 38 bp over the US Treasury curve at its call date and 24 bp below the fitted Australia A–BBB Corporate Bond (USD) curve.
Against its curves
Each curve's fitted yield at this bond's maturity (at its call date, where it is priced to call), and the bond's spread to it.
| Curve | Curve yield | Spread |
|---|---|---|
| US Treasury Yields | 4.61% | +38 bp |
| BHP Bond Yields (USD) | 5.01% | -2 bp |
| Australia A–BBB Corporate Bond Yields (USD) | 5.23% | -24 bp |
| Australia Investment Grade Corporate Bond Yields (USD) | 4.85% | +14 bp |
| US Investment Grade Metals & Mining Corporate Bond Yields (USD) | 5.19% | -20 bp |
| US A–BBB Corporate Bond Yields (USD) | 5.09% | -10 bp |
| US Investment Grade Corporate Bond Yields (USD) | 5.08% | -9 bp |
The bond
| ISIN | US055451AZ15 |
|---|---|
| Issuer | BHP |
| Issuer type | Corporate |
| Country | Australia |
| Sector | Metals & Mining |
| Currency | USD |
| Coupon | 4.75% |
| Coupon frequency | Semiannual |
| Maturity | 2028-02-28 |
| Next call | 2028-01-28 |
| Rating band | A+–BBB- (Investment Grade) |
| Yield to worst | 4.99% |
| Priced to | call on 2028-02-28 |