This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Global Atlantic 4.7% 10/51
LATEST QUOTE
USD
---.--
Yield:--.--
SELL
LATEST QUOTE
USD
---.--
Yield:--.--
BUY
Register for free to view the latest bond price
Price
Yield
Zoom
1w
1m
6m
1y
Max
High: | Low:
Get full access to Bond Prices, Yields & Analytics
Activate your free trial
No credit card required
Track and trade over 10,000 global bonds
Regulated by the Monetary Authority of Singapore
Register to view latest price
Bond Information
Description
Current Coupon
4.7%
Maturity Date
15/10/2051
Credit Risk
Medium
Currency
USD
Seniority
Subordinated
Coupon Type
Fixed-Fixed (Margin-over Index)
Country
USA
Industry Type
Insurance
Callable
Yes
Perpetual
No
Guarantor
GLOBAL ATLANTIC FINANCIAL LTD
RatingsBBB+
Issuer Rating1
BBB+
Last Rating Action
Affirmed on 2024-09-20
Issuer Rating Watch/Outlook
Rating Outlook Stable
Issue Rating2
BB+
Last Rating Action
Affirmed on 2024-09-20
Yield Analysis
Yield3
8.52
Yield to Call
8.52
Z Spread (bps)
444.5
Duration
1.17
Next Coupon Date
15/10/2025
Accrued Interest
0.039
Next Call Date
15/07/2026
Next Call Price
100
Liquidity
Illiquid
Next Reset Date
15/10/2026
Reset Index (Current Level)
4.020%
Spread
379.6bp
Reset Index
H15T5Y (US Treasury Yield Curve Rate T 5Y)
Additional Information
ISIN Code
USU3618TAC54
Registration Type
Regulation S
Amount Issued
750,000,000
Amount Outstanding
750,000,000
Issue Date
06/07/2021
Issue Price
100
Coupon Frequency
2
Day Count
30/360
Redemption Value
100
Min. Denomination
2,000
Footnotes:
1 Issuer rating is the Long-Term Issuer Default Rating (IDR). Ratings data provided by Fitch Ratings.
2 Issue rating is the Long-Term Issue Rating. Ratings data provided by Fitch Ratings.
3 Yield displays YTM. Exceptions are perpetuals, which will display "Not Applicable", and fix-to-float bonds, which will assume constant rate of coupon projection.