CMC 4.375% 2032 bond (US201723AR41)
As of 2026-10-27 · rebuilt daily
https://bondscovery.com/bond/US201723AR41
CMC's 4.375% USD bond maturing 2032-03-15 (US201723AR41) yields 6.23% to worst as of 2026-10-27. That is 138 bp over the US Treasury curve at the same maturity and 67 bp below the fitted US High Yield (BB–D) Metals & Mining 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 | 4.86% | +138 bp |
| US High Yield (BB–D) Metals & Mining Corporate Bond Yields (USD) | 6.90% | -67 bp |
| United States High Yield (BB–D) Corporate Bond Yields (USD) | 6.65% | -42 bp |
| US High Yield (BB–D) Corporate Bond Yields (USD) | 6.87% | -64 bp |
The bond
| ISIN | US201723AR41 |
|---|---|
| Issuer | CMC |
| Issuer type | Corporate |
| Country | United States |
| Sector | Metals & Mining |
| Currency | USD |
| Coupon | 4.375% |
| Coupon frequency | Semiannual |
| Maturity | 2032-03-15 |
| Rating band | BB+–D (High Yield) |
| Yield to worst | 6.23% |