SherpaBonds
US210518DY98 · Corp · USD

Consumers Energy Company 4.50% 2031/01

Consumers Energy CompanyUnited StatesGLOBALSenior Unsecured
SHARE
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MID PRICE
101.18
par = 100
YIELD TO MAT.
4.53%
semi-annual
COUPON
4.500%
semi-annual · fixed
MATURITY
2031-01-15
bullet · 4.70y
OUTSTANDING
—
not disclosed
AS OF
2026-05-01
Fund disclosure

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About this bond

AI BRIEF · GROUNDED IN STRUCTURED DATA
About the issuer

Consumers Energy is an investor owned utility that provides natural gas and electricity to 6.7 million of Michigan's 10 million residents. It serves customers in all 68 of the state's Lower Peninsula counties. It is the primary subsidiary of CMS Energy. The company was founded in 1886 and is currently headquartered in Jackson, Michigan.

Source: Wikipedia →

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
4.14 y
1bp ↑ ≈ -0.041% P&L
Convexity
20.39
higher = more curvature
Years to maturity
4.70 y
YTM source
Ingested
Fund disclosure
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
iShares iBonds Dec 2031 Term Corporate
iShares
iBonds 2031 Corporate$3.2M▼ $21K0.14%2026-04-30
SPDR Portfolio Intermediate Term Corporate Bond
SPDR
US IG Corporate Intermediate$3.2M▼ $295K0.03%2026-04-30
iShares 1-5 Year Investment Grade Corporate Bond
iShares
US IG Corporate 1-5Y$2.9M▲ $7210.01%2026-05-01
iShares Core U.S. Aggregate Bond
iShares
US Aggregate$2.8M▲ $2K0.00%2026-05-01
Vanguard Total Bond Market
Vanguard
US Aggregate$2.1M—0.00%2026-03-31
iShares Broad USD Investment Grade Corporate Bond
iShares
US Broad IG Corporate$981K▲ $2450.01%2026-05-01
SPDR Portfolio Aggregate Bond
SPDR
US Aggregate$499K▲ $6100.01%2026-04-30
iShares Core 1-5 Year USD Bond
iShares
US Short-Term Core$152K▲ $940.00%2026-05-01
SPDR Portfolio Corporate Bond
SPDR
US IG Corporate$12K▲ $150.00%2026-04-30
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Price history

Sherpa Signal

AS OF 2026-05-01

Institutional footprint · signal-level holdings

39/ 100Early footprint
Interpretation. Light institutional footprint, with net distribution
HOLDERS
9
▼ 4 signals in 7d
AGGREGATE EXPOSURE
$15.7M
USD across all
TOP CONCENTRATION
20.3%
largest holder
FLOW
▼ $7.8M
▼ 4 signals in 7d

Sherpa Signal is derived from a panel of tracked institutional portfolios. Names of individual holders are not disclosed.

100K PAR NOTIONAL · MARKET VALUE
101,178 USD
PRICE
101.18

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
CMS 4 1/2 01/15/31
FIGI
BBG01TR4XVL9
CUSIP
210518DY9
ISIN
US210518DY98
Type
Corp
Issued
2025-05-02
Face value
100 USD
Ticker
CMS 4.5 01/15/31
Sec. type
GLOBAL
Seniority
Senior Unsecured

Issuer curve

CMS · 10 PTS

Yield (%) plotted against years-to-maturity. This bond highlighted in amber.

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HEURISTIC

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