US231021AY22 · Corp · USD

Cummins Inc 4.25% 2028/05

Cummins IncUnited StatesGLOBALSenior Unsecured
MID PRICE
102.20
par = 100
YIELD TO MAT.
4.16%
semi-annual
COUPON
4.250%
semi-annual · fixed
MATURITY
2028-05-09
bullet · 2.02y
OUTSTANDING
not disclosed
AS OF
2026-04-30
Fund disclosure

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About this bond

AI BRIEF · GROUNDED IN STRUCTURED DATA
About the issuer

Cummins Inc. is an American multinational corporation that designs, manufactures, and distributes diesel engines, electric vehicle components, and power generation products. Cummins also services engines and related equipment, including fuel systems, air handling systems controls, filtration, emission control, electrical power generation systems, and engine control units.

Source: Wikipedia →

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
1.88 y
1bp ↑ ≈ -0.019% P&L
Convexity
4.58
higher = more curvature
Years to maturity
2.02 y
YTM source
Ingested
Fund disclosure
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
SPDR Portfolio Short Term Corporate Bond
SPDR
US IG Corporate Short$4.9M▲ $5K0.05%2026-04-30
Vanguard Short-Term Corporate Bond
Vanguard
US Corporate Short$4.5M0.01%2026-03-31
Vanguard Total Bond Market
Vanguard
US Aggregate$4.3M0.00%2026-03-31
iShares iBonds Dec 2028 Term Corporate
iShares
iBonds 2028 Corporate$2.8M▲ $3K0.07%2026-04-30
Vanguard Short-Term Bond
Vanguard
US Aggregate Short$2.4M0.00%2026-03-31
iShares Core U.S. Aggregate Bond
iShares
US Aggregate$1.3M▲ $1K0.00%2026-04-30
iShares 1-5 Year Investment Grade Corporate Bond
iShares
US IG Corporate 1-5Y$1.3M▼ $9K0.01%2026-04-30
SPDR Portfolio Intermediate Term Corporate Bond
SPDR
US IG Corporate Intermediate$786K▲ $7300.01%2026-04-30
iShares Broad USD Investment Grade Corporate Bond
iShares
US Broad IG Corporate$460K▲ $2940.00%2026-04-30
SPDR Portfolio Aggregate Bond
SPDR
US Aggregate$165K▲ $1530.00%2026-04-30
iShares Core 1-5 Year USD Bond
iShares
US Short-Term Core$77K▲ $790.00%2026-04-30
iShares ESG Aware U.S. Aggregate Bond
iShares
US ESG Aggregate$51K▲ $520.00%2026-04-30
iShares ESG Aware USD Corporate Bond
iShares
US ESG IG Corporate$51K▲ $520.00%2026-04-30
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Price history

Sherpa Signal

AS OF 2026-04-30

Institutional footprint · signal-level holdings

54/ 100Active coverage
Interpretation. Moderate institutional footprint, holding
HOLDERS
13
unchanged in 7d
AGGREGATE EXPOSURE
$23.0M
USD across all
TOP CONCENTRATION
21.3%
largest holder
FLOW
▲ $159K
unchanged 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
102,197 USD
PRICE
102.20

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
CMI 4 1/4 05/09/28
FIGI
BBG01TVRZPX1
CUSIP
231021AY2
ISIN
US231021AY22
Type
Corp
Issued
2025-05-09
Face value
100 USD
Ticker
CMI 4.25 05/09/28
Sec. type
GLOBAL
Seniority
Senior Unsecured

Issuer curve

CMI · 10 PTS

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