Magna 2.45% 2030 bond (US559222AV67)
As of 2026-10-27 · rebuilt daily
https://bondscovery.com/bond/US559222AV67
Magna's 2.45% USD bond maturing 2030-06-15 (US559222AV67) yields 5.49% to worst as of 2026-10-27. That is 69 bp over the US Treasury curve at its call date and 13 bp below the fitted US Investment Grade Automotive 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 | 4.80% | +69 bp |
| Magna Bond Yields (USD) | 5.49% | -0 bp |
| US Investment Grade Automotive Corporate Bond Yields (USD) | 5.62% | -13 bp |
| Canada A–BBB Corporate Bond Yields (USD) | 5.54% | -6 bp |
| Canada Investment Grade Corporate Bond Yields (USD) | 5.50% | -1 bp |
| US A–BBB Corporate Bond Yields (USD) | 5.48% | +1 bp |
| US Investment Grade Corporate Bond Yields (USD) | 5.47% | +2 bp |
The bond
| ISIN | US559222AV67 |
|---|---|
| Issuer | Magna |
| Issuer type | Corporate |
| Country | Canada |
| Sector | Automotive |
| Currency | USD |
| Coupon | 2.45% |
| Coupon frequency | Semiannual |
| Maturity | 2030-06-15 |
| Next call | 2030-03-15 |
| Rating band | A+–BBB- (Investment Grade) |
| Yield to worst | 5.49% |
| Priced to | call on 2030-06-15 |