Bayer AG bonds BAYRY
Who owns Bayer AG's debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. BAYRY stock page.
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| ZK7501651 | 4% fixed | 2026-08-26 | EUR | 100.02 | 3.58% | — | 1 | $692K | Jul 2026 |
| BN3908918 | 0.375% fixed | 2029-01-12 | EUR | 93.12 | 3.34% | — | 3 | $4.9M | Jul 2026 |
| D07112XJ5 | 4.25% fixed | 2029-08-26 | EUR | 102.51 | 3.37% | — | 5 | $1.3M | Jul 2026 |
| BK3220856 | 1.125% fixed | 2030-01-06 | EUR | 92.33 | 3.53% | — | 10 | $31.8M | Jul 2026 |
| BN3908926 | 0.625% fixed | 2031-07-12 | EUR | 86.26 | 3.72% | — | 4 | $9.7M | Jul 2026 |
| BK3220864 | 1.375% fixed | 2032-07-06 | EUR | 86.86 | 3.90% | — | 6 | $33.8M | Jul 2026 |
| ZK7501719 | 4.625% fixed | 2033-05-26 | EUR | 103.82 | 3.97% | — | 9 | $19.3M | Jul 2026 |
| XS2281343686 | 1% fixed | 2036-01-12 | EUR | 75.29 | 4.22% | — | 3 | $8.2M | Jul 2026 |
| D07112ZA2 | 5.5% fixed | 2054-09-13 | EUR | 102.21 | 5.35% | — | 5 | $1.5M | Jul 2026 |
| D07112TU5 | 3.125% variable | 2079-11-12 | EUR | 99.01 | — | — | 1 | $3.1M | Jun 2026 |
| ZQ5133157 | 3.13% fixed | 2079-11-12 | EUR | 98.84 | 3.18% | — | 4 | $17.4M | Jul 2026 |
| D07112WJ6 | 4.5% variable | 2082-03-25 | EUR | 100.34 | — | — | 3 | $2.3M | Jul 2026 |
| BV4443529 | 5.375% variable | 2082-03-25 | EUR | 102.99 | — | — | 1 | $25.5M | Jun 2026 |
| D07112WG2 | 5.375% variable | 2082-03-25 | EUR | 102.99 | — | — | 1 | $5.1M | Jun 2026 |
| ACI24JL69 | 5.38% fixed | 2082-03-25 | EUR | 101.57 | 5.29% | — | 13 | $28.1M | Jul 2026 |
| D0R154AB7 | 6.63% variable | 2083-09-25 | EUR | 104.34 | — | — | 3 | $842K | Jul 2026 |
| D0R154AA9 | 7% fixed | 2083-09-25 | EUR | 110.60 | 6.31% | — | 2 | $10.6M | Jun 2026 |
| ZH0180542 | 7% fixed | 2083-09-25 | EUR | 108.32 | 6.45% | — | 7 | $12.5M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Not enough US-dollar bonds with a yield.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 14 | $172.4M | 100.19 | — | — | 13 |
| Jun 2026 | 15 | $213.1M | 102.99 | — | — | 13 |
| May 2026 | 5 | $12.8M | 105.12 | — | — | 2 |
| Apr 2026 | 14 | $175.9M | 100.39 | — | — | 10 |
| Mar 2026 | 15 | $218.2M | 99.51 | — | — | 14 |
| Feb 2026 | 5 | $18.2M | 106.46 | — | — | 3 |
| Jan 2026 | 14 | $177.2M | 101.02 | — | — | 16 |
| Dec 2025 | 17 | $215.4M | 102.61 | — | — | 16 |
| Nov 2025 | 5 | $15.5M | 106.30 | — | — | 2 |
| Oct 2025 | 16 | $182.9M | 99.85 | — | — | 12 |
| Sep 2025 | 18 | $197.0M | 101.86 | — | — | 17 |
| Aug 2025 | 4 | $15.7M | 106.51 | — | — | 2 |
| Jul 2025 | 16 | $153.3M | 99.76 | — | — | 10 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 11 added, 16 cut, 7 new holders and 3 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| BlackRock Strategic Income Opportunities Portfolio BlackRock Funds V | 2026-06-30 | $77.6M | $91.4M | -$1.8M |
| Dodge & Cox Global Bond Fund Dodge & Cox Funds | 2026-06-30 | $63.0M | $73.3M | $0 |
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $40.4M | $41.8M | $6.0M |
| iShares Flexible Income Active ETF BlackRock ETF Trust II | 2026-07-31 | $33.5M | $39.3M | $3.4M |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $33.8M | $34.8M | $4.0M |
| Six Circles Credit Opportunities Fund SIX CIRCLES TRUST | 2026-06-30 | $16.8M | $20.4M | $0 |
| DFA Short-Term Extended Quality Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $9.4M | $10.0M | -$2.5M |
| DFA Short-Duration Real Return Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $6.1M | $6.6M | $0 |
| JPMorgan International Bond Opportunities ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $4.5M | $5.7M | -$200K |
| Neuberger Strategic Income Fund NEUBERGER BERMAN INCOME FUNDS | 2026-07-31 | $4.8M | $5.6M | $1.4M |
| VANGUARD CORE BOND FUND VANGUARD MALVERN FUNDS | 2026-06-30 | $4.5M | $5.1M | -$3.0M |
| JPMorgan Global Bond Opportunities Fund JPMorgan Trust I | 2026-05-31 | $3.6M | $4.6M | $0 |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $3.4M | $4.1M | $0 |
| BlackRock Multi-Asset Income Portfolio BlackRock Funds II | 2026-07-31 | $3.1M | $3.7M | $0 |
| BlackRock Global Allocation Fund, Inc. | 2026-07-31 | $3.1M | $3.6M | $0 |
| State Street(R) SPDR(R) Bloomberg International Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $3.0M | $3.2M | $200K |
| DFA TARGETED CREDIT PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $3.0M | $3.2M | $0 |
| iShares Euro High Yield Corporate Bond USD Hedged ETF iShares, Inc. | 2026-07-31 | $2.6M | $3.1M | $400K |
| iShares Core International Aggregate Bond ETF iShares Trust | 2026-07-31 | $2.8M | $3.0M | -$600K |
| Dimensional Short-Duration Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $2.5M | $2.7M | $0 |
| Opportunistic Credit Fund RUSSELL INVESTMENT CO | 2026-07-31 | $2.1M | $2.5M | $0 |
| Invesco International Corporate Bond ETF Invesco Exchange-Traded Fund Trust II | 2026-07-31 | $2.3M | $2.4M | $0 |
| Dimensional Core Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $1.9M | $2.0M | $0 |
| DWS Global High Income Fund DEUTSCHE DWS INCOME TRUST | 2026-07-31 | $1.6M | $1.9M | $0 |
| VANGUARD CORE BOND ETF VANGUARD MALVERN FUNDS | 2026-06-30 | $1.6M | $1.8M | -$1.1M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): VANGUARD SHORT-TERM INVESTMENT-GRADE FUND ($7.2M), Allspring Core Plus Bond Fund ($5.0M), BlackRock HPS Credit Strategies Fund ($400K).
ETFs holding these bonds
From each ETF's own latest N-PORT report: the issuer's bonds as a share of the ETF's net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Face value | Value | % of net assets |
|---|---|---|---|---|---|
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 5 | $33.8M | $34.8M | 0.03% |
| JPIB JPMorgan International Bond Opportunities ETF | 2026-05-31 | 2 | $4.5M | $5.7M | 0.28% |
| IBND State Street(R) SPDR(R) Bloomberg International Corporate Bond ETF | 2026-06-30 | 5 | $3.0M | $3.2M | 0.70% |
| EUHY iShares Euro High Yield Corporate Bond USD Hedged ETF | 2026-07-31 | 6 | $2.6M | $3.1M | 1.26% |
| IAGG iShares Core International Aggregate Bond ETF | 2026-07-31 | 8 | $2.8M | $3.0M | 0.03% |
| DFSD Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 2 | $2.5M | $2.7M | 0.04% |
| PICB Invesco International Corporate Bond ETF | 2026-07-31 | 5 | $2.3M | $2.4M | 0.68% |
| DFCF Dimensional Core Fixed Income ETF | 2026-07-31 | 1 | $1.9M | $2.0M | 0.02% |
| VCRB VANGUARD CORE BOND ETF | 2026-06-30 | 2 | $1.6M | $1.8M | 0.02% |
| NXUS Nuveen International Aggregate Bond ETF | 2026-06-30 | 1 | $1.1M | $1.3M | 0.03% |
| JFLX JPMorgan Flexible Debt ETF | 2026-05-31 | 1 | $800K | $983K | 0.07% |
| GHYG iShares US & Intl High Yield Corp Bond ETF | 2026-07-31 | 5 | $500K | $594K | 0.30% |
| VPLS VANGUARD CORE-PLUS BOND ETF | 2026-06-30 | 1 | $400K | $480K | 0.03% |
| HTRB Hartford Total Return Bond ETF | 2026-07-31 | 1 | $200K | $249K | 0.01% |
| IHY VanEck International High Yield Bond ETF | 2026-06-30 | 2 | $200K | $240K | 0.55% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 3.84: safer than 35% of companies (34th percentile in Healthcare). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $47.78B |
| Debt barrier (short-term + ½ long-term debt) | $25.61B |
| Equity volatility (1 year) | 41.2% |
| Asset value / asset volatility (solved) | $72.32B / 27.2% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
No US-dollar bond with a yield to compute it from.
Accounts: Altman Z
Altman Z'' = 0.83 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
Against its own government
Yield minus the government's fitted curve at the same maturity, same currency, bonds with at least $25M held and 3 funds pricing them: EUR 3.4y +69 bp, EUR 5.9y +90 bp (as of Jul 2026).
The stock side: 13F filings
What institutions report holding in BAYRY's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-09-30 filings still arriving | 1 | $601K | 0 | — | 0 | — | 0 |
| 2026-06-30 | 15 | $93.5M | 0 | — | 0 | — | 0 |
| 2026-03-31 | 16 | $78.7M | 0 | — | 0 | — | 0 |
| 2025-12-31 | 17 | $77.4M | 0 | — | 0 | — | 0 |
| 2025-09-30 | 16 | $59.5M | 0 | — | 0 | — | 0 |
| 2025-06-30 | 16 | $53.9M | 0 | — | 0 | — | 0 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.