NCSX-IS is an event-driven index: each new bond priced adds an observation and the level is recomputed. This page replays all 13 pricings and shows the level right after each one. Every dot is a pricing, not a close — an event-driven index has no daily moves, and drawing it like a price series would mislead.
Source：api/v1/real/events.json · 方法论 v0.2.1-real · as of 2026-11-04
| Date | Priced | Structure | Size | Bond spread | Pull | Level after | Delta |
|---|---|---|---|---|---|---|---|
| 2025-05-19 | CRWV 9.25% '30 | Unsecured | $2.00B | 517.7bp | 517.7bp | ||
| 2025-07-22 | CRWV 9% '31 | Unsecured | $1.75B | 506.4bp | -5.3 | 512.4bp | -5.3 |
| 2025-10-30 | WULF 7.75% '30 | Secured | $3.20B | 402.6bp | -50.6 | 461.9bp | -50.6 |
| 2025-11-06 | CIFR 7.125% '30 | Secured | $1.40B | 342.9bp | -19.9 | 441.9bp | -19.9 |
| 2025-11-14 | APLD 9.25% '30 | Secured | $2.35B | 550.6bp | +23.9 | 465.8bp | +23.9 |
| 2026-02-05 | CIFR 6.125% '31 | Secured | $2.00B | 237.8bp | -35.9 | 429.9bp | -35.9 |
| 2026-03-04 | APLD 6.75% '31 | Secured | $2.15B | 308.1bp | -17.6 | 412.2bp | -17.6 |
| 2026-04-15 | CRWV 9.75% '31 | Unsecured | $2.75B | 580.8bp | +26.3 | 438.6bp | +26.3 |
| 2026-05-06 | CORZ 7.75% '31 | Secured | $3.30B | 376.1bp | -9.9 | 428.7bp | -9.9 |
| 2026-06-09 | CIFR 6% '31 | Secured | $0.81B | 173.9bp | -9.5 | 419.2bp | -9.5 |
| 2026-06-16 | APLD 7% '31 | Secured | $1.59B | 284.0bp | -9.2 | 410.0bp | -9.2 |
| 2026-06-18 | CRWV 9.625% '32 | Unsecured | $1.25B | 533.6bp | +6.3 | 416.3bp | +6.3 |
| 2026-07-24 | GLXY 9.875% '31 | Secured | $3.51B | 544.4bp | +16.0 | 432.3bp | +16.0 |