NCSX constituent issuer · HPC / Datacenter · US · as of 2026-10-30
Cipher Mining CIFR bond credit spread
As of 2026-10-30, Cipher Mining (CIFR) outstanding USD bonds trade at a face-value-weighted credit spread of 856.5bp, -16.3bp 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
856.5 bp
90D range 738.3–886.8bp
30D change
-16.3 bp
1D +0.4 · 5D +16.7
Bonds / face value
2 bonds
$1.95B
Index weight
8.5%
of NCSX-Composite
Cipher Mining 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 |
|---|---|---|---|---|---|
| 7.125% 2030Unsecured | US17253LAB27 | B | 2030-10-01 | 808bp | 84.50c / 12.1% |
| 10.50% 2032Unsecured | US17253LAC00 | B- | 2032-08-15 | 943bp | 82.15c / 13.4% |
vs. the sector index
Cipher Mining trades at 856.5bp vs NCSX-Composite 773bp, NCSX-HY 865.8bp and NCSX-IG 314.7bp. The issuer trades wider than the sector composite.
FAQ
What is Cipher Mining's bond credit spread?
As of 2026-10-30, Cipher Mining's outstanding USD bonds trade at a face-value-weighted credit spread of 856.5bp 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.