DCP Midstream 3.25% 2032 bond (US23311VAK35)
As of 2026-10-28 · rebuilt daily
https://bondscovery.com/bond/US23311VAK35
DCP Midstream's 3.25% USD bond maturing 2032-02-15 (US23311VAK35) yields 5.54% to worst as of 2026-10-28. That is 69 bp over the US Treasury curve at its call date and 5 bp below the fitted United States A–BBB Oil & Gas 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 | 4.85% | +69 bp |
| DCP Midstream Bond Yields (USD) | 5.57% | -3 bp |
| United States A–BBB Oil & Gas Corporate Bond Yields (USD) | 5.59% | -5 bp |
| United States Investment Grade Oil & Gas Corporate Bond Yields (USD) | 5.62% | -8 bp |
| US A–BBB Oil & Gas Corporate Bond Yields (USD) | 5.60% | -6 bp |
| US Investment Grade Oil & Gas Corporate Bond Yields (USD) | 5.58% | -4 bp |
| United States A–BBB Corporate Bond Yields (USD) | 5.68% | -14 bp |
| United States Investment Grade Corporate Bond Yields (USD) | 5.66% | -12 bp |
The bond
| ISIN | US23311VAK35 |
|---|---|
| Issuer | DCP Midstream |
| Issuer type | Corporate |
| Country | United States |
| Sector | Oil & Gas |
| Currency | USD |
| Coupon | 3.25% |
| Coupon frequency | Semiannual |
| Maturity | 2032-02-15 |
| Next call | 2031-08-15 |
| Rating band | A+–BBB- (Investment Grade) |
| Yield to worst | 5.54% |
| Priced to | call on 2032-02-15 |