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Medtronic 4.375% 2035 bond (US585055BT26)

As of 2026-10-27 · rebuilt daily

https://bondscovery.com/bond/US585055BT26

Medtronic's 4.375% USD bond maturing 2035-03-15 (US585055BT26) yields 5.51% to worst as of 2026-10-27. That is 60 bp over the US Treasury curve at the same maturity and 16 bp below the fitted United States A–BBB Healthcare & Pharmaceuticals Corporate Bond (USD) curve.

View this bond liveUnited States A–BBB Healthcare & Pharmaceuticals Corporate Bond (USD) curve
5%5.5%6%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 Yields4.91%+60 bp
Medtronic Bond Yields (USD)5.54%-3 bp
United States A–BBB Healthcare & Pharmaceuticals Corporate Bond Yields (USD)5.68%-16 bp
United States Investment Grade Healthcare & Pharmaceuticals Corporate Bond Yields (USD)5.64%-13 bp
US A–BBB Healthcare & Pharmaceuticals Corporate Bond Yields (USD)5.75%-23 bp
US Investment Grade Healthcare & Pharmaceuticals Corporate Bond Yields (USD)5.69%-18 bp
United States A–BBB Corporate Bond Yields (USD)6.00%-49 bp
United States Investment Grade Corporate Bond Yields (USD)6.01%-50 bp

The bond

ISINUS585055BT26
IssuerMedtronic
Issuer typeCorporate
CountryUnited States
SectorHealthcare & Pharmaceuticals
CurrencyUSD
Coupon4.375%
Coupon frequencySemiannual
Maturity2035-03-15
Rating bandA+–BBB- (Investment Grade)
Yield to worst5.51%