914455UJ7 · USDInvestment Grade · AAA

University Of Michigan 4.45% 2122/04

University Of MichiganSenior Unsecured
MID PRICE
76.96
par = 100
YIELD TO MAT.
5.82%
semi-annual
COUPON
4.454%
semi-annual · fixed
MATURITY
2122-04-01
bullet · 95.90y
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

The University of Michigan is a public research university in Ann Arbor, Michigan, United States. It was founded in 1817 and is the oldest institution of higher education in the state. It is also one of the earliest American research universities and is a founding member of the Association of American Universities.

Source: Wikipedia →

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
17.11 y
1bp ↑ ≈ -0.171% P&L
Convexity
581.56
higher = more curvature
Years to maturity
95.90 y
YTM source
Ingested
Fund disclosure
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
Invesco Taxable Municipal Bond
Invesco
US Taxable Muni$3.4M▲ $2K0.33%2026-04-30
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Price history

Sherpa Signal

AS OF 2026-04-30

Institutional footprint · signal-level holdings

11/ 100Minimal footprint
Interpretation. Minimal institutional footprint, with net distribution
HOLDERS
1
unchanged in 7d
AGGREGATE EXPOSURE
$3.4M
USD across all
TOP CONCENTRATION
100.0%
largest holder
FLOW
▼ $36K
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
76,957 USD
PRICE
76.96

RFQ routing · coming soon

Security details

AWAITING ENRICHMENT
Face value
100 USD
Seniority
Senior Unsecured

Issuer curve

University · 10 PTS

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