US844741BM99 · Corp · USDInvestment Grade · Baa2

Southwest Airlines Co 5.25% 2035/11

MID PRICE
95.34
par = 100
YIELD TO MAT.
5.90%
semi-annual
COUPON
5.250%
semi-annual · fixed
MATURITY
2035-11-15
bullet · 9.52y
OUTSTANDING
not disclosed
AS OF
2026-05-07

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About this bond

AI BRIEF · GROUNDED IN STRUCTURED DATA
About the issuer

Southwest Airlines is a major airline in the United States. It is headquartered in the Love Field neighborhood of Dallas, Texas. It is the fourth-largest airline in North America when measured by passengers carried, as of 2024. With its all-Boeing 737 fleet, Southwest serves over 100 destinations in 42 states, Washington, D.C., Puerto Rico, and ten other countries and territories near the southern United States in the Gulf of Mexico and Caribbean Sea regions: Aruba, the Bahamas, Belize, the Cayman Islands, Costa Rica, Cuba, the Dominican Republic, Mexico, Jamaica, and Turks and Caicos.

Source: Wikipedia →

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
7.15 y
1bp ↑ ≈ -0.071% P&L
Convexity
64.01
higher = more curvature
Years to maturity
9.52 y
YTM source
Ingested
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
Vanguard Intermediate-Term Corporate Bond
Vanguard
US Corporate Intermediate$21.8M0.03%2026-03-31
Victory Core Plus Intermediate Bond
NPORT
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ALPS | Smith Total Return Bond
NPORT
Mutual Fund$11.0M0.33%2025-10-31
VANGUARD TOTAL BOND MARKET INDEX FUND
NPORT
Mutual Fund$6.4M0.00%2025-12-31
Vanguard Total Bond Market
Vanguard
US Aggregate$6.1M0.00%2026-03-31
iShares iBoxx $ Investment Grade Corporate Bond
iShares
US IG Corporate$4.9M▼ $12K0.02%2026-05-07
iShares 5-10 Year Investment Grade Corporate Bond
iShares
US IG Corporate$4.9M▼ $37K0.03%2026-05-07
Vanguard Intermediate-Term Bond
Vanguard
US Aggregate Intermediate$3.5M0.01%2026-03-31
Allspring Core Bond Portfolio
NPORT
Mutual Fund$3.3M0.06%2025-10-31
iShares Core U.S. Aggregate Bond
iShares
US Aggregate$3.3M▼ $7K0.00%2026-05-07
SPDR Portfolio Intermediate Term Corporate Bond
SPDR
US IG Corporate Intermediate$1.7M▲ $5K0.02%2026-05-05
iShares Broad USD Investment Grade Corporate Bond
iShares
US Broad IG Corporate$1.2M▼ $4K0.01%2026-05-07
Diversified Income
NPORT
Mutual Fund$1.1M0.05%2025-10-31
Strategic Bond
NPORT
Mutual Fund$977K0.05%2025-10-31
iShares iBonds Dec 2035 Term Corporate
iShares
iBonds 2035 Corporate$716K▼ $2K0.21%2026-05-07
iShares Core Universal USD Bond
iShares
US Aggregate$701K▼ $2K0.00%2026-05-07
SPDR Portfolio Corporate Bond
SPDR
US IG Corporate$570K▲ $2K0.03%2026-05-05
Transamerica Inflation Opportunities
NPORT
Mutual Fund$493K0.31%2025-10-31
iShares U.S. Intermediate Credit Bond Index
NPORT
Mutual Fund$464K0.01%2025-10-31
Transamerica Strategic Income
NPORT
Mutual Fund$110K0.04%2025-10-31
iShares Intermediate Government/Credit Bond
iShares
US Govt/Credit$103K▼ $2270.00%2026-05-07
iShares Interest Rate Hedged Corporate Bond
iShares
US IR Hedged IG Corporate$80K▼ $7600.02%2026-05-07
iShares Core 5-10 Year USD Bond
iShares
US Aggregate$25K▼ $540.01%2026-05-07
iShares Inflation Hedged Corporate Bond
iShares
US IG Corporate$11K▼ $1050.02%2026-05-07
iShares BBB Rated Corporate Bond
iShares
US IG Corporate$10K▼ $230.02%2026-05-07
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Price history

Sherpa Signal

AS OF 2026-05-07

Institutional footprint · signal-level holdings

68/ 100Broad ownership
Interpretation. Moderate institutional footprint, with net accumulation
HOLDERS
26
▲ 5 signals in 7d
AGGREGATE EXPOSURE
$85.8M
USD across all
TOP CONCENTRATION
25.4%
largest holder
FLOW
▲ $3.6M
▲ 5 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
95,340 USD
PRICE
95.34

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
LUV 5 1/4 11/15/35
FIGI
BBG01Y5PSWB0
CUSIP
844741BM9
ISIN
US844741BM99
Type
Corp
Issued
2025-11-03
Face value
100 USD
Ticker
LUV 5.25 11/15/35
Sec. type
GLOBAL
Seniority
Senior Unsecured

Issuer curve

LUV · 6 PTS

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