SIBUR Holding 001P-09
8.72%
yield to maturity
Price
98.19%
98 USD with accrued interest
Coupon
7.50%
12×/yr
Maturity
06.03.2029
term 2.4 y
Duration
2.2 y
price −2.0% per +1 pp of rate
Premium over replacement bonds
+87 bp
replacement sovereigns in USD
Credit risk
AAA(RU)
ACRA · low
Price and premium over OFZhow the bond has traded and how much it pays over OFZ
Bond price, % of par
Incomewhat your investment will earn and when payments arrive
Yield calculator
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Effective YTM under the MOEX convention (ACT/365). The fair price discounts the cash flows at the yield of a comparable credit class (a reference point).
Cash flows
| Date | Coupon, USD | Principal, USD | Total, USD |
|---|
Coupon payments and principal repayment by date for one bond. On the chart, each bar is a year's total: the coupon is paid 12 times a year, and the bar adds up all of that year's payments.
Issuer credit qualitycredit risk and the issuer's debt on the exchange
Credit risk
Low
issuer rating AAA · ACRA
Default probability
≈ 0.02%
per year, by issuer rating
Issuer debt on the exchange
538.83 bn ₽
7 issues, plus 10 in foreign currency
Due within a year
35%
of exchange debt, maturities and puts
Cost of rouble debt
15.81%
market 15.43%
Issuer debt maturities by year
2026152.9 bn
202734.2 bn
202880.5 bn
2029152.0 bn
203064.4 bn
203132.2 bn
203222.6 bn
in roublesin FX, at the Bank of Russia rate
Issues with a put are assigned to the put date rather than to maturity. All of the issuer's bonds are in the section “Issuer curve”.
Risk-adjusted yield
8.71%
without the adjustment — 8.72%: expected default losses reduce the yield by 1 bp (1 bp = 0.01 pp)
The probability of default is 0.02% a year: the historical average for this rating. In a default, holders recover 30% of face value on average.
What the spread over replacement bonds is made of
Expected loss 1 bp
Exit cost 1 bp
Risk premium 85 bp
Peersthe issuer's other bonds and similar bonds of other issuers
Issuer curve
3 issues.
This bond is
on the issuer's curve (+5 bp)
duration, years →
● this bond · yield, % ↑
Similar issues
Other issuers' bonds with a fixed coupon, close in maturity and rating
GazpromKapital ZO29-1-D
matures 01.2029 · AAA
9.39%
RUS-29
matures 03.2029 · AAA
8.53%
MMC NORILSK NICKEL BO-001P-12
matures 05.2030 · AAA
6.61%
NOVATEK 001P-02
matures 05.2029 · AAA
9.08%
Polyus ZO28-D
matures 10.2028 · AAA
8.78%
PhosAgro ZO28-D
matures 09.2028 · AAA
9.05%
Historywhat the bond returned in the past
Issue parametersterms, buying now, yields and spreads
Terms
Coupon7.50% a year · 12 payments/yr
Coupon, USD0.62
Par100 USD
Maturity06.03.2029 · 2.4 y
Issue
Listing level3
Issue size250.0 mn USD
Lot1 units
Buying now
Order book98.19 / 98.22%spread 0.034% (≈2 bp of yield)
Cost of entry≈ 17 ₽ per 100,000 ₽ · quote 27.10 20:00
Accrued interest, USD0.2067 as of 28.10.2026
Average daily turnover13.7 mn ₽
Trades today182 · turnover 17.4 mn ₽
Yields
Current yield7.64%
Simple yield8.45%
Spreads and valuation
MOEX ISS data. Not an individual investment recommendation. Yields, spreads and the fair price are calculated from the exchange quote and are for reference: a real trade goes through at the order book price and depends on the issue's liquidity. The calculations exclude broker and exchange fees; tax is shown on a separate line and simplified (no accrued interest at purchase).