IBM 4.875% 06Feb2038 Corp (GBP)

Bond Factsheet

Marketplace

International Business Machines Corp

Full Lot

Bid Price

85.788

Change in Bid Price

Bid Yield (%)

6.699 %

Change in Bid Yield

Bid Volume

100,000

Ask Price

87.148

Change in Ask Price

Ask Yield (%)

6.508 %

Change in Ask Yield

Ask Volume

100,000

Price as of 03 Oct 2026, 1:17am

Odd Lot

Bid Price

85.688

Change in Bid Price

remove 2.792

Bid Yield (%)

6.714 %

Change in Bid Yield

0.400

Bid Volume

100,000

Ask Price

87.248

Change in Ask Price

remove 1.232

Ask Yield (%)

6.494 %

Change in Ask Yield

0.180

Ask Volume

100,000

Price as of 03 Oct 2026, 1:17am

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Bond Information

International Business Machines Corp operates as an IT services and consulting company. The Company, through its platform, offers analytics, IT infrastructure, cloud, business operations and automations, cybersecurity, data storage, application development, asset management, blockchain, software, and consulting solutions. International Business Machines serves clients worldwide.

Bond Issuer

International Business Machines Corp

Guarantor

Announcement Date

30 Jan 2023

Issue Date

06 Feb 2023

Maturity Date

06 Feb 2038

Years to Maturity / Next Call

11.349 / 11.097

Modified Duration

7.955 @ 02 Oct 2026

Issue / Reoffer Price

99.594

Issue / Reoffer Yield

4.855

Coupon Type

Fixed

Annual Coupon Rate

4.875

Coupon Frequency

Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

XS2583743047

CUSIP

ZM7431426

Bond Currency

GBP

Total Issue Size

750,000,000

Min. Investment Quantity (Nominal)

GBP 100,000

Incremental Quantity (Nominal)

GBP 1,000

Bond Type

Corporate

Bond Sector

Information Technology

Bond Sub Sector

Software

Issuer Credit Rating (S&P/ Fitch)

***/ A-

Bond Credit Rating (S&P/ Fitch)

***/ A-

Shariah Compliant

Exchange Listed

Others

Bond Feature(s)

Issuer Call

On and after the applicable Par Call Date, the redemption price for a series of Notes will be equal to 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest to, but excluding, the redemption date.

“Par Call Date” means, with respect to the 2027 Notes, January 6, 2027 (one month prior to the maturity date of the 2027 Notes), with respect to the 2031 Notes, November 6, 2030 (three months prior to the maturity date of the 2031 Notes), with respect to the 2035 Notes, November 6, 2034 (three months prior to the maturity date of the 2035 Notes), with respect to the 2043 Notes, August 6, 2042 (six months prior to the maturity date of the 2043 Notes) and with respect to the Sterling Notes, November 6, 2037 (three months prior to the maturity date of the Sterling Notes).

Make Whole Call

The Notes of each series will be redeemable, as a whole or in part, at IBM’s option, at any time or from time to time, on at least 10 days, but not more than 60 days, prior notice (by mail, electronic delivery or otherwise in accordance with the depositary’s procedures) to holders of the Notes to be redeemed. Prior to the applicable Par Call Date, the redemption price for a series of Notes will be equal to the greater of:

• 100% of the principal amount of the Notes to be redeemed; and

• the sum of the present values of the Remaining Scheduled Payments, as defined below, discounted, on an annual basis (ACTUAL/ACTUAL (ICMA)) at the Comparable Government Bond Rate, as defined below, plus 20 basis points in the case of the 2027 Notes, 25 basis points in the case of the 2031 Notes, 25 basis points in the case of the 2035 Notes, 25 basis points in the case of the 2043 Notes and 20 basis points in the case of the Sterling Notes,

plus, in each case, accrued and unpaid interest on the Notes to be redeemed to, but excluding, the redemption date.

“Par Call Date” means, with respect to the 2027 Notes, January 6, 2027 (one month prior to the maturity date of the 2027 Notes), with respect to the 2031 Notes, November 6, 2030 (three months prior to the maturity date of the 2031 Notes), with respect to the 2035 Notes, November 6, 2034 (three months prior to the maturity date of the 2035 Notes), with respect to the 2043 Notes, August 6, 2042 (six months prior to the maturity date of the 2043 Notes) and with respect to the Sterling Notes, November 6,2037 (three months prior to the maturity date of the Sterling Notes).

Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.

Coupon Dates	Coupon Receive	Principal Amount	Cash Flow

No Data