BondbloX Approved as Designated Digital Asset Platform by MAS. Read More

This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.

LNC 6.9435% 05/66 Bond

LATEST BOND PRICE

USD

---.--

Yield:--.--

SELL

LATEST BOND PRICE

USD

---.--

Yield:--.--

BUY

Get Access to Bond Prices, Yields & Analytics

10k+ corporate, sovereign and EM bonds

Transparent two-way bond prices from the interbank bond market

Bond Market Daily newsletter and new bond issues

No credit card required

Price
Yield

Zoom

Max

High: --- | Low:---

Bond Description

Current Coupon

6.9435%

Maturity Date

17/05/2066

Credit Risk

Medium

Currency

USD

Seniority

Junior Unsecured

Coupon Type

Fixed-Floating

Country

USA

Industry Type

Insurance

Callable

Yes

Perpetual

Guarantor

None

Bond RatingsA-

Issuer Rating¹

A-

Last Rating Action

Affirmed on 2025-07-02

Issuer Rating Watch/Outlook

Rating Outlook Stable

Issue Rating²

BBB-

Last Rating Action

Affirmed on 2025-07-02

Issuer Rating Action History

11/07/2024

A-

Affirmed

Rating Outlook Stable

05/12/2023

A-

Affirmed

Rating Outlook Negative

03/05/2023

A-

Affirmed

Rating Outlook Negative

Yield Analysis

Yield³

8.38

Yield to Call

529.41

Z Spread (bps)

412.2

Duration

0.1

Next Coupon Date

18/08/2025

Accrued Interest

0.868

Next Call Date

11/07/2025

Next Call Price

100

Liquidity

Illiquid

Next Reset Date

Not Applicable

Reset Index (Current Level)

4.850%

Spread

235.8bp

Reset Index

US0003M (ICE LIBOR USD 3M)

Bond Additional Information

ISIN Code

US534187AS84

Registration Type

Underwritten

Amount Issued

800,000,000

Amount Outstanding

139,247,000

Issue Date

17/05/2006

Issue Price

99.596

Coupon Frequency

Day Count

ACT/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.
Last traded data sourced from BondCliQ.