NCSX constituent issuer · AI Cloud / Energy · AU · as of 2026-10-30
IREN IREN bond credit spread
As of 2026-10-30, IREN (IREN) outstanding USD bonds trade at a face-value-weighted credit spread of 749.5bp, -50.9bp 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
749.5 bp
90D range 690.5–800.4bp
30D change
-50.9 bp
1D -5.3 · 5D -1.8
Bonds / face value
2 bonds
$2.15B
Index weight
9.4%
of NCSX-Composite
IREN 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 |
|---|---|---|---|---|---|
| 9.50% 2031Unsecured | US46267LAB99 | BB- | 2031-04-15 | 703bp | 90.75c / 11.1% |
| 11.00% 2033Unsecured | US46267LAC72 | B | 2033-01-15 | 828bp | 89.40c / 12.3% |
vs. the sector index
IREN trades at 749.5bp vs NCSX-Composite 773bp, NCSX-HY 865.8bp and NCSX-IG 314.7bp. The issuer trades tighter than the sector composite.
FAQ
What is IREN's bond credit spread?
As of 2026-10-30, IREN's outstanding USD bonds trade at a face-value-weighted credit spread of 749.5bp 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.