US858119BN92 · Corp · USDInvestment Grade · BBB

Steel Dynamics Inc 1.65% 2027/10

Steel Dynamics IncUnited StatesGLOBALSenior Unsecured
MID PRICE
96.41
par = 100
YIELD TO MAT.
4.33%
semi-annual
COUPON
1.650%
semi-annual · fixed
MATURITY
2027-10-15
bullet · 1.43y
OUTSTANDING
not disclosed
AS OF
2026-05-07

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About this bond

AI BRIEF · GROUNDED IN STRUCTURED DATA
About the issuer

Steel Dynamics, Inc. (SDI) is an American steel producer based in Fort Wayne, Indiana. With a production capacity of 13 million tons of steel, the company is the third largest producer of carbon steel products in the United States. It is among the most profitable American steel companies in terms of profit margins and operating margin per ton. Based on its 2021 revenue, the company ranked 196th on the 2022 edition of the Fortune 500.

Source: Wikipedia →

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
1.39 y
1bp ↑ ≈ -0.014% P&L
Convexity
2.62
higher = more curvature
Years to maturity
1.43 y
YTM source
Ingested
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
Vanguard Short-Term Corporate Bond
Vanguard
US Corporate Short$16.4M0.03%2026-03-31
Vanguard Total Bond Market
Vanguard
US Aggregate$4.3M0.00%2026-03-31
SPDR Portfolio Short Term Corporate Bond
SPDR
US IG Corporate Short$4.0M▼ $133K0.04%2026-05-05
iShares iBonds Dec 2027 Term Corporate
iShares
iBonds 2027 Corporate$2.3M▼ $1K0.06%2026-05-07
Vanguard Ultra-Short Bond
Vanguard
US Aggregate Ultra Short Active$1.9M0.03%2026-03-31
iShares 1-5 Year Investment Grade Corporate Bond
iShares
US IG Corporate 1-5Y$1.9M▼ $8190.01%2026-05-07
iShares Core U.S. Aggregate Bond
iShares
US Aggregate$1.7M▼ $8410.00%2026-05-07
SPDR Portfolio Intermediate Term Corporate Bond
SPDR
US IG Corporate Intermediate$1.1M▲ $5080.01%2026-05-05
iShares Broad USD Investment Grade Corporate Bond
iShares
US Broad IG Corporate$335K▼ $1450.00%2026-05-07
iShares Core Universal USD Bond
iShares
US Aggregate$304K▼ $1540.00%2026-05-07
SPDR Portfolio Aggregate Bond
SPDR
US Aggregate$193K▲ $920.00%2026-05-05
iShares ESG Advanced Universal USD Bond
iShares
US Aggregate$58K▼ $290.01%2026-05-07
iShares Intermediate Government/Credit Bond
iShares
US Govt/Credit$58K▼ $290.00%2026-05-07
iShares Core 1-5 Year USD Bond
iShares
US Short-Term Core$14K▼ $70.00%2026-05-07
iShares ESG Aware 1-5 Year USD Corporate Bond
iShares
US IG Corporate ESG$14K▼ $70.00%2026-05-07
iShares iBonds 1-5 Year Corporate Ladder
iShares
iBonds Corporate$9K0.01%2026-05-06
iShares Interest Rate Hedged U.S. Aggregate Bond
iShares
US Aggregate$600.00%2026-05-07
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Price history

Sherpa Signal

AS OF 2026-05-07

Institutional footprint · signal-level holdings

41/ 100Active coverage
Interpretation. Light institutional footprint, with net distribution
HOLDERS
17
▲ 2 signals in 7d
AGGREGATE EXPOSURE
$34.6M
USD across all
TOP CONCENTRATION
47.5%
largest holder
FLOW
▼ $4.9M
▲ 2 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
96,406 USD
PRICE
96.41

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
STLD 1.65 10/15/27
FIGI
BBG00XS5NQP5
CUSIP
858119BN9
ISIN
US858119BN92
Type
Corp
Issued
2020-10-09
Face value
100 USD
Ticker
STLD 1.65 10/15/27
Sec. type
GLOBAL
Seniority
Senior Unsecured

Issuer curve

STLD · 8 PTS

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