Hovnanian 8% 2031 bond (US48251UAP30)
As of 2026-10-30 · rebuilt daily
https://bondscovery.com/bond/US48251UAP30
Hovnanian's 8% USD bond maturing 2031-04-01 (US48251UAP30) yields 8.41% to worst as of 2026-10-30. That is 366 bp over the US Treasury curve at the same maturity and 157 bp above the fitted United States High Yield (BB–D) Real Estate 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 | 4.75% | +366 bp |
| United States High Yield (BB–D) Real Estate Corporate Bond Yields (USD) | 6.84% | +157 bp |
| US High Yield (BB–D) Real Estate Corporate Bond Yields (USD) | 6.86% | +156 bp |
| United States High Yield (BB–D) Corporate Bond Yields (USD) | 6.56% | +185 bp |
| US High Yield (BB–D) Corporate Bond Yields (USD) | 6.79% | +162 bp |
The bond
| ISIN | US48251UAP30 |
|---|---|
| Issuer | Hovnanian |
| Issuer type | Corporate |
| Country | United States |
| Sector | Real Estate |
| Currency | USD |
| Coupon | 8% |
| Coupon frequency | Semiannual |
| Maturity | 2031-04-01 |
| Rating band | BB+–D (High Yield) |
| Yield to worst | 8.41% |