Rakuten 9.75% 2029 bond (US75102WAK45)
As of 2026-10-30 · rebuilt daily
https://bondscovery.com/bond/US75102WAK45
Rakuten's 9.75% USD bond maturing 2029-04-15 (US75102WAK45) yields 6.69% to worst as of 2026-10-30. That is 198 bp over the US Treasury curve at the same maturity and 50 bp below the fitted Japan High Yield (BB–D) 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 | 4.71% | +198 bp |
| Rakuten Bond Yields (USD) | 6.61% | +8 bp |
| Japan High Yield (BB–D) Corporate Bond Yields (USD) | 7.19% | -50 bp |
| US High Yield (BB–D) Technology, Media & Telecom Corporate Bond Yields (USD) | 7.60% | -91 bp |
| US High Yield (BB–D) Corporate Bond Yields (USD) | 6.52% | +17 bp |
The bond
| ISIN | US75102WAK45 |
|---|---|
| Issuer | Rakuten |
| Issuer type | Corporate |
| Country | Japan |
| Sector | Technology, Media & Telecom |
| Currency | USD |
| Coupon | 9.75% |
| Coupon frequency | Semiannual |
| Maturity | 2029-04-15 |
| Rating band | BB+–D (High Yield) |
| Yield to worst | 6.69% |