Hera S.p.A. bonds HER.MI
Who owns Hera S.p.A.'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. HER.MI 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 |
|---|---|---|---|---|---|---|---|---|---|
| T5R49ZAE4 | 0.875% fixed | 2027-07-05 | EUR | 98.10 | 2.98% | — | 2 | $11.3M | Jul 2026 |
| T5R49ZAA2 | 5.2% fixed | 2028-01-29 | EUR | 102.51 | 3.44% | — | 2 | $7.1M | Jul 2026 |
| T5R49ZAH7 | 2.5% fixed | 2029-05-25 | EUR | 97.69 | 3.37% | — | 1 | $958K | Jul 2026 |
| T5R49ZAF1 | 0.25% fixed | 2030-12-03 | EUR | 87.01 | 3.53% | — | 3 | $5.6M | Jul 2026 |
| T5R4E1AA1 | 3.25% fixed | 2031-07-15 | EUR | 99.81 | 3.29% | — | 1 | $342K | Jun 2026 |
| XS3350935774 | 3.5% fixed | 2032-06-04 | EUR | 98.40 | 3.81% | — | 1 | $113K | Jul 2026 |
| T5R49ZAJ3 | 4.25% fixed | 2033-04-20 | EUR | 101.90 | 3.92% | — | 2 | $8.0M | Jul 2026 |
| T5R49ZAG9 | 1% fixed | 2034-04-25 | EUR | 80.69 | 3.94% | — | 2 | $4.7M | 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 | 7 | $37.8M | 98.10 | — | — | 3 |
| Jun 2026 | 7 | $2.5M | 98.40 | — | — | 2 |
| Apr 2026 | 6 | $38.9M | 97.75 | — | — | 3 |
| Mar 2026 | 7 | $1.9M | 97.75 | — | — | 2 |
| Jan 2026 | 7 | $40.2M | 99.00 | — | — | 3 |
| Dec 2025 | 7 | $2.0M | 98.95 | — | — | 2 |
| Oct 2025 | 7 | $39.1M | 98.57 | — | — | 3 |
| Sep 2025 | 7 | $1.9M | 98.98 | — | — | 2 |
| Jul 2025 | 7 | $44.2M | 98.18 | — | — | 3 |
| Jun 2025 | 7 | $1.9M | 98.99 | — | — | 2 |
| Apr 2025 | 7 | $43.5M | 97.77 | — | — | 3 |
| Mar 2025 | 7 | $2.1M | 96.77 | — | — | 2 |
| Jan 2025 | 7 | $39.8M | 96.88 | — | — | 3 |
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. 1 added, 1 cut, 0 new holders and 0 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $17.6M | $19.1M | $0 |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $15.2M | $16.9M | $0 |
| Six Circles Global Bond Fund SIX CIRCLES TRUST | 2026-06-30 | $2.1M | $2.3M | $500K |
| iShares Core International Aggregate Bond ETF iShares Trust | 2026-07-31 | $1.6M | $1.7M | -$400K |
| Fidelity International Bond Index Fund Fidelity Salem Street Trust | 2026-06-30 | $190K | $213K | $0 |
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.
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 11.25: safer than 85% of companies (90th percentile in Utilities). Market-implied, prices to 2026-10-19, balance sheet 2026-06-30.
| Equity value | $6.04B |
| Debt barrier (short-term + ½ long-term debt) | $3.70B |
| Equity volatility (1 year) | 14.0% |
| Asset value / asset volatility (solved) | $9.59B / 8.8% |
| 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'' = 1.28 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
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.