US459200KK67 · Corp · USD

International Business Machines Co 2.85% 2040/05

MID PRICE
73.58
par = 100
YIELD TO MAT.
5.76%
semi-annual
COUPON
2.850%
semi-annual · fixed
MATURITY
2040-05-15
bullet · 14.03y
OUTSTANDING
not disclosed
AS OF
2026-04-30
Fund disclosure

Sign up free to see prices on this bond

Free accounts get 40 bond price views per month — 4× the anonymous quota. Pro is unlimited.

About this bond

AI BRIEF · GROUNDED IN STRUCTURED DATA
About the issuer

International Business Machines Corporation, doing business as IBM, is an American multinational technology company headquartered in Armonk, New York, and present in over 175 countries. It is a publicly traded company and one of the 30 companies in the Dow Jones Industrial Average. IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries; for 29 consecutive years, from 1993 to 2021, it held the record for most annual U.S. patents generated by a business.

Source: Wikipedia →

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
10.64 y
1bp ↑ ≈ -0.106% P&L
Convexity
138.76
higher = more curvature
Years to maturity
14.03 y
YTM source
Ingested
Fund disclosure
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
Vanguard Total Bond Market
Vanguard
US Aggregate$11.1M0.00%2026-03-31
Vanguard Long-Term Corporate Bond
Vanguard
US Corporate Long$4.8M0.06%2026-03-31
iShares Core U.S. Aggregate Bond
iShares
US Aggregate$2.2M▲ $6K0.00%2026-04-30
Vanguard Long-Term Bond
Vanguard
US Aggregate Long$1.3M0.02%2026-03-31
iShares Broad USD Investment Grade Corporate Bond
iShares
US Broad IG Corporate$1.2M▲ $9K0.01%2026-04-30
SPDR Portfolio Long Term Corporate Bond
SPDR
US IG Corporate Long$387K▲ $88K0.03%2026-04-30
SPDR Portfolio Corporate Bond
SPDR
US IG Corporate$166K▲ $4600.01%2026-04-30
Subscribe to reveal which signals are holding this bond.Subscribe →

Price history

Sherpa Signal

AS OF 2026-04-30

Institutional footprint · signal-level holdings

42/ 100Active coverage
Interpretation. Light institutional footprint, holding
HOLDERS
7
unchanged in 7d
AGGREGATE EXPOSURE
$21.2M
USD across all
TOP CONCENTRATION
52.4%
largest holder
FLOW
▲ $69K
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
73,577 USD
PRICE
73.58

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
IBM 2.85 05/15/40
FIGI
BBG00TL9X159
CUSIP
459200KK6
ISIN
US459200KK67
Type
Corp
Issued
2020-05-07
Face value
100 USD
Ticker
IBM 2.85 05/15/40
Sec. type
GLOBAL
Seniority
Senior Unsecured

Issuer curve

IBM · 10 PTS

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