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Microsoft 4.5% 2040 bond (US594918AJ36)

As of 2026-10-28 · rebuilt daily

https://bondscovery.com/bond/US594918AJ36

Microsoft's 4.5% USD bond maturing 2040-10-01 (US594918AJ36) yields 5.67% to worst as of 2026-10-28. That is 49 bp over the US Treasury curve at the same maturity and 7 bp below the fitted United States AAA–AA Technology, Media & Telecom Corporate Bond (USD) curve.

View this bond liveUnited States AAA–AA Technology, Media & Telecom Corporate Bond (USD) curve
4.5%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 Yields5.18%+49 bp
Microsoft Bond Yields (USD)5.56%+11 bp
United States AAA–AA Technology, Media & Telecom Corporate Bond Yields (USD)5.74%-7 bp
US AAA–AA Technology, Media & Telecom Corporate Bond Yields (USD)5.74%-6 bp
United States AAA–AA Corporate Bond Yields (USD)5.75%-7 bp
United States Investment Grade Technology, Media & Telecom Corporate Bond Yields (USD)6.39%-71 bp
US AAA–AA Corporate Bond Yields (USD)5.84%-17 bp
US Investment Grade Technology, Media & Telecom Corporate Bond Yields (USD)6.41%-73 bp

The bond

ISINUS594918AJ36
IssuerMicrosoft
Issuer typeCorporate
CountryUnited States
SectorTechnology, Media & Telecom
CurrencyUSD
Coupon4.5%
Coupon frequencySemiannual
Maturity2040-10-01
Rating bandAAA–AA (Investment Grade)
Yield to worst5.67%