Hovnanian 8.375% 2033 bond (US48251UAQ13)
As of 2026-10-30 · rebuilt daily
https://bondscovery.com/bond/US48251UAQ13
Hovnanian's 8.375% USD bond maturing 2033-10-01 (US48251UAQ13) yields 9.22% to worst as of 2026-10-30. That is 431 bp over the US Treasury curve at the same maturity and 240 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 | 4.91% | +431 bp |
| United States High Yield (BB–D) Real Estate Corporate Bond Yields (USD) | 6.82% | +240 bp |
| US High Yield (BB–D) Real Estate Corporate Bond Yields (USD) | 6.73% | +248 bp |
| United States High Yield (BB–D) Corporate Bond Yields (USD) | 6.82% | +239 bp |
| US High Yield (BB–D) Corporate Bond Yields (USD) | 7.19% | +203 bp |
The bond
| ISIN | US48251UAQ13 |
|---|---|
| Issuer | Hovnanian |
| Issuer type | Corporate |
| Country | United States |
| Sector | Real Estate |
| Currency | USD |
| Coupon | 8.375% |
| Coupon frequency | Semiannual |
| Maturity | 2033-10-01 |
| Rating band | BB+–D (High Yield) |
| Yield to worst | 9.22% |