NCSX constituent issuer · Datacenter · US · as of 2026-10-30
Applied Digital APLD bond credit spread
As of 2026-10-30, Applied Digital (APLD) outstanding USD bonds trade at a face-value-weighted credit spread of 531.6bp, -2.9bp over 30 days — a constituent issuer of the NCSX index family, computed by SpreadBench from FINRA TRACE public secondary trades (seed-phase data).
Weighted spread
531.6 bp
90D range 445.2–546.3bp
30D change
-2.9 bp
1D -1.5 · 5D -3.3
Bonds / face value
2 bonds
$2.45B
Index weight
10.7%
of NCSX-Composite
Applied Digital bonds in the NCSX universe
spreads in bp over Treasury benchmark · prices are last trade · source FINRA TRACE
| Bond | CUSIP | Rating | Maturity | Spread | Price / YTW |
|---|---|---|---|---|---|
| 9.25% 2031Unsecured | US03827LAB44 | B- | 2031-07-31 | 853bp | 83.90c / 12.6% |
| 7.00% 2033Secured | US03827LAC27 | BBB- | 2033-04-15 | 328bp | 95.15c / 7.3% |
vs. the sector index
Applied Digital trades at 531.6bp vs NCSX-Composite 773bp, NCSX-HY 865.8bp and NCSX-IG 314.7bp. The issuer trades tighter than the sector composite.
FAQ
What is Applied Digital's bond credit spread?
As of 2026-10-30, Applied Digital's outstanding USD bonds trade at a face-value-weighted credit spread of 531.6bp over the Treasury benchmark (SpreadBench / NCSX, computed from FINRA TRACE public secondary trades).
How is the spread computed?
Single-bond spread = (trade-weighted YTW − Treasury benchmark) × 100; the issuer level is the face-value-weighted average across its bonds. See the public methodology (v0.1.1, DOI 10.5281/zenodo.23931330) for full details.
Can I cite or redistribute this number?
Yes — free citation with attribution under CC BY 4.0, quoting the methodology version, DOI and data status (seed). Commercial redistribution requires a license (see /pricing.html#licensing).
Data status & red lines：data_status: seed — identifier verification 5/20 complete; series frozen as of 2026-10-30. SpreadBench aggregates public secondary trades only — not a credit rating, not investment advice. Quote with methodology version v0.1.1 and DOI 10.5281/zenodo.23931330.