bondScoverySTUDIO

IBM Corp 4.5% 2028 bond (US459200KX88)

As of 2026-10-27 · rebuilt daily

https://bondscovery.com/bond/US459200KX88

IBM Corp's 4.5% USD bond maturing 2028-02-06 (US459200KX88) yields 5.04% to worst as of 2026-10-27. That is 45 bp over the US Treasury curve at the same maturity and 20 bp below the fitted United States A–BBB Technology, Media & Telecom Corporate Bond (USD) curve.

View this bond liveUnited States A–BBB Technology, Media & Telecom Corporate Bond (USD) curve
5%5.5%6%6.5%7%3M12M2Y5Y10Y20Y30Y50Y
Fitted curve (line), the bonds it is fitted on (dots) and this bond (magenta). Click to open it in the interactive chart.

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.

CurveCurve yieldSpread
US Treasury Yields4.59%+45 bp
IBM Corp Bond Yields (USD)4.97%+8 bp
United States A–BBB Technology, Media & Telecom Corporate Bond Yields (USD)5.25%-20 bp
United States Investment Grade Technology, Media & Telecom Corporate Bond Yields (USD)5.12%-7 bp
US A–BBB Technology, Media & Telecom Corporate Bond Yields (USD)5.17%-12 bp
US Investment Grade Technology, Media & Telecom Corporate Bond Yields (USD)5.12%-8 bp
United States A–BBB Corporate Bond Yields (USD)5.09%-5 bp
United States Investment Grade Corporate Bond Yields (USD)5.04%+1 bp

The bond

ISINUS459200KX88
IssuerIBM Corp
Issuer typeCorporate
CountryUnited States
SectorTechnology, Media & Telecom
CurrencyUSD
Coupon4.5%
Coupon frequencySemiannual
Maturity2028-02-06
Rating bandA+–BBB- (Investment Grade)
Yield to worst5.04%