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Maturity wall · the supply schedule

$28.1B of AI-infrastructure debt, and when it comes due

The 13 NCSX-IS constituents stacked into a wall by maturity year: $9.0B in 2030, $17.9B in 2031 (64%), $1.3B in 2032. Which years concentrate, how secured and unsecured layer in, whose wall is thickest — one picture. Maturity dates all from SEC filings, GET /api/v1/real/universe.json.

Data story: the 2031 wall — 8 bonds, $17.9B, 7 of them issued in 2026

Face-value wall by maturity year
One bar per year, stacked by security structure; hover for the bond list.
Senior secured Senior unsecured
Yearly detail
Maturity yearBondsFace valueShareSecuredUnsecuredIssuers
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All 13 bonds, dated
MaturityIssuerCouponFace valueStructureIssuance spreadSEC filing
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Red line: this page summarizes publicly disclosed maturity dates and issuance terms only — no call/put schedules (those follow the prospectus) and no refinancing-risk assessment. No credit ratings, no investment advice. "Maturity wall" is standard market shorthand for a maturity schedule and implies nothing about any issuer's ability to repay.