US911312AZ91 · Corp · USD

United Parcel Service Inc 3.40% 2046/11

United Parcel Service IncUnited StatesUS DOMESTICSenior Unsecured
MID PRICE
72.91
par = 100
YIELD TO MAT.
5.81%
semi-annual
COUPON
3.400%
semi-annual · fixed
MATURITY
2046-11-15
bullet · 20.53y
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

United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company and one of the world's largest shipping couriers. UPS today is primarily known for its ground shipping services as well as the UPS Store, a retail chain which assists UPS shipments and provides tools for small businesses. UPS offers air shipping on an overnight or two-day basis and delivers to post office boxes through UPS Mail Innovations and UPS SurePost.

Source: Wikipedia →

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
13.06 y
1bp ↑ ≈ -0.131% P&L
Convexity
230.37
higher = more curvature
Years to maturity
20.53 y
YTM source
Ingested
Fund disclosure
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
Vanguard Total Bond Market
Vanguard
US Aggregate$2.1M0.00%2026-03-31
iShares Core U.S. Aggregate Bond
iShares
US Aggregate$1.5M▲ $4970.00%2026-04-30
Vanguard Long-Term Bond
Vanguard
US Aggregate Long$858K0.01%2026-03-31
iShares Broad USD Investment Grade Corporate Bond
iShares
US Broad IG Corporate$692K▲ $4K0.00%2026-04-30
SPDR Portfolio Corporate Bond
SPDR
US IG Corporate$285K▲ $600.01%2026-04-30
Vanguard Long-Term Corporate Bond
Vanguard
US Corporate Long$272K0.00%2026-03-31
SPDR Portfolio Long Term Corporate Bond
SPDR
US IG Corporate Long$221K▲ $470.02%2026-04-30
SPDR Portfolio Aggregate Bond
SPDR
US Aggregate$218K▲ $460.00%2026-04-30
iShares ESG Aware USD Corporate Bond
iShares
US ESG IG Corporate$118K▲ $390.01%2026-04-30
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Price history

Sherpa Signal

AS OF 2026-04-30

Institutional footprint · signal-level holdings

40/ 100Active coverage
Interpretation. Light institutional footprint, with net distribution
HOLDERS
9
unchanged in 7d
AGGREGATE EXPOSURE
$6.3M
USD across all
TOP CONCENTRATION
33.7%
largest holder
FLOW
▼ $110K
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
72,913 USD
PRICE
72.91

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
UPS 3.4 11/15/46
FIGI
BBG00F0XS397
CUSIP
911312AZ9
ISIN
US911312AZ91
Type
Corp
Issued
2016-10-24
Face value
100 USD
Ticker
UPS 3.4 11/15/46
Sec. type
US DOMESTIC
Seniority
Senior Unsecured

Issuer curve

UPS · 10 PTS

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