Transcanada 4.625% 2034 bond (US89352HAM16)
As of 2026-10-27 · rebuilt daily
https://bondscovery.com/bond/US89352HAM16
Transcanada's 4.625% USD bond maturing 2034-03-01 (US89352HAM16) yields 5.78% to worst as of 2026-10-27. That is 88 bp over the US Treasury curve at the same maturity and 3 bp below the fitted Canada Investment Grade Oil & Gas 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% | +88 bp |
| Transcanada Bond Yields (USD) | 5.77% | +1 bp |
| Canada Investment Grade Oil & Gas Corporate Bond Yields (USD) | 5.81% | -3 bp |
| Canada A–BBB Corporate Bond Yields (USD) | 6.04% | -26 bp |
| Canada Investment Grade Corporate Bond Yields (USD) | 6.02% | -23 bp |
| US A–BBB Oil & Gas Corporate Bond Yields (USD) | 5.81% | -2 bp |
| US Investment Grade Oil & Gas Corporate Bond Yields (USD) | 5.81% | -3 bp |
| US A–BBB Corporate Bond Yields (USD) | 5.93% | -14 bp |
The bond
| ISIN | US89352HAM16 |
|---|---|
| Issuer | Transcanada |
| Issuer type | Corporate |
| Country | Canada |
| Sector | Oil & Gas |
| Currency | USD |
| Coupon | 4.625% |
| Coupon frequency | Semiannual |
| Maturity | 2034-03-01 |
| Rating band | A+–BBB- (Investment Grade) |
| Yield to worst | 5.78% |