NCSX constituent issuer · AI Cloud · UK · as of 2026-10-30
Nscale PRIVATE bond credit spread
As of 2026-10-30, Nscale (PRIVATE) outstanding USD bonds trade at a face-value-weighted credit spread of 1,033bp, +29.7bp 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
1,033 bp
90D range 768.8–1,052.5bp
30D change
+29.7 bp
1D -17.9 · 5D +19.9
Bonds / face value
1 bonds
$0.55B
Index weight
2.4%
of NCSX-Composite
Nscale 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 |
|---|---|---|---|---|---|
| 12.00% 2031Unsecured | US67098LAA35 | B | 2031-09-15 | 1,033bp | 87.60c / 14.3% |
vs. the sector index
Nscale trades at 1,033bp vs NCSX-Composite 773bp, NCSX-HY 865.8bp and NCSX-IG 314.7bp. The issuer trades wider than the sector composite.
FAQ
What is Nscale's bond credit spread?
As of 2026-10-30, Nscale's outstanding USD bonds trade at a face-value-weighted credit spread of 1,033bp 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.