IRB Infrastructure Developers Limited bonds IRB.NS
Who owns IRB Infrastructure Developers Limited'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. IRB.NS 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 |
|---|---|---|---|---|---|---|---|---|---|
| 449881AA9 | 7.11% fixed | 2032-03-11 | USD | 100.78 | 6.94% | 257 bp | 5 | $25.3M | Jul 2026 |
| Y41784AL6 | 7.11% fixed | 2032-03-11 | USD | 100.76 | 6.94% | 257 bp | 1 | $202K | Jul 2026 |
| ZD2886491 | 7.11% fixed | 2032-03-11 | USD | 100.67 | 6.96% | 259 bp | 11 | $15.9M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
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 | 3 | $41.4M | 100.76 | 6.94% | 257 bp | 11 |
| Jun 2026 | 3 | $77.5M | 101.38 | 6.81% | 256 bp | 18 |
| May 2026 | 2 | $13.4M | 102.10 | 6.66% | 245 bp | 4 |
| Apr 2026 | 3 | $37.6M | 102.58 | 6.57% | 255 bp | 10 |
| Mar 2026 | 5 | $81.9M | 100.44 | 7.02% | 308 bp | 13 |
| Feb 2026 | 2 | $11.7M | 104.12 | 6.28% | 249 bp | 5 |
| Jan 2026 | 3 | $38.9M | 104.43 | 6.22% | 233 bp | 11 |
| Dec 2025 | 4 | $89.0M | 103.34 | 6.44% | 263 bp | 13 |
| Nov 2025 | 2 | $19.9M | 103.16 | 6.49% | 270 bp | 6 |
| Oct 2025 | 3 | $34.5M | 104.07 | 6.32% | 255 bp | 8 |
| Sep 2025 | 4 | $87.2M | 103.94 | 6.35% | 255 bp | 14 |
| Aug 2025 | 2 | $23.0M | 102.42 | 6.65% | 270 bp | 7 |
| Jul 2025 | 3 | $33.1M | 100.81 | 6.95% | 284 bp | 9 |
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. 3 added, 3 cut, 2 new holders and 2 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| MFS Emerging Markets Debt Fund MFS SERIES TRUST X | 2026-07-31 | $17.1M | $17.2M | $0 |
| BlackRock Strategic Income Opportunities Portfolio BlackRock Funds V | 2026-06-30 | $14.8M | $15.0M | $0 |
| American Funds Strategic Bond Fund | 2026-06-30 | $13.7M | $13.8M | $0 |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $10.4M | $10.6M | $0 |
| BlackRock Total Return Fund BlackRock Bond Fund, Inc. | 2026-06-30 | $8.8M | $8.9M | -$5.0M |
| Emerging Markets Debt Fund John Hancock Funds II | 2026-05-31 | $8.4M | $8.6M | $2.2M |
| THE HARTFORD SHORT DURATION FUND HARTFORD MUTUAL FUNDS, INC | 2026-07-31 | $6.2M | $6.3M | $0 |
| New World Fund Inc | 2026-07-31 | $5.5M | $5.5M | $0 |
| Capital World Bond Fund | 2026-06-30 | $4.7M | $4.7M | $0 |
| iShares Flexible Income Active ETF BlackRock ETF Trust II | 2026-07-31 | $4.0M | $4.0M | new |
| CITY NATIONAL ROCHDALE FIXED INCOME OPPORTUNITIES FUND City National Rochdale Funds | 2026-06-30 | $3.7M | $3.8M | $0 |
| Nuveen Emerging Markets Debt Fund TIAA-CREF Funds | 2026-06-30 | $3.0M | $3.1M | $0 |
| PIMCO Investment Grade Credit Bond Fund PIMCO Funds | 2026-06-30 | $3.0M | $3.0M | $0 |
| Nuveen Strategic Income Fund Nuveen Investment Funds, Inc. | 2026-05-31 | $2.5M | $2.6M | $0 |
| Total Return Portfolio PACIFIC SELECT FUND | 2026-06-30 | $2.5M | $2.5M | $0 |
| PIMCO Emerging Markets Bond Fund PIMCO Funds | 2026-06-30 | $2.1M | $2.1M | $0 |
| PIMCO Long-Term Credit Bond Fund PIMCO FUNDS | 2026-06-30 | $1.6M | $1.6M | $0 |
| Capital Income Builder | 2026-07-31 | $1.6M | $1.6M | $0 |
| AB HIGH INCOME FUND INC | 2026-07-31 | $1.5M | $1.5M | $0 |
| PIMCO StocksPLUS Long Duration Fund PIMCO FUNDS | 2026-06-30 | $1.3M | $1.3M | $0 |
| VanEck Emerging Markets High Yield Bond ETF VanEck ETF Trust | 2026-07-31 | $1.2M | $1.2M | -$200K |
| American Funds Emerging Markets Bond Fund | 2026-06-30 | $1.2M | $1.2M | $0 |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $1.0M | $1.0M | $200K |
| iShares J.P. Morgan EM High Yield Bond ETF iShares, Inc. | 2026-07-31 | $1.0M | $1.0M | $400K |
| Six Circles Credit Opportunities Fund SIX CIRCLES TRUST | 2026-06-30 | $900K | $912K | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Nuveen Credit Income Fund ($300K), KraneShares Asia Pacific High Income USD Bond ETF ($200K).
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 |
|---|---|---|---|---|---|
| HYEM VanEck Emerging Markets High Yield Bond ETF | 2026-07-31 | 1 | $1.2M | $1.2M | 0.23% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $1.0M | $1.0M | 0.00% |
| EMHY iShares J.P. Morgan EM High Yield Bond ETF | 2026-07-31 | 1 | $1.0M | $1.0M | 0.16% |
| CGCP Capital Group Core Plus Income ETF | 2026-06-30 | 1 | $685K | $695K | 0.01% |
| EMCB WisdomTree Emerging Markets Corporate Bond Fund | 2026-05-31 | 1 | $550K | $562K | 0.57% |
| CGMS Capital Group U.S. Multi-Sector Income ETF | 2026-06-30 | 1 | $435K | $441K | 0.01% |
| PGHY Invesco Global ex-US High Yield Corporate Bond ETF | 2026-07-31 | 1 | $400K | $403K | 0.18% |
| CEMB iShares J.P. Morgan EM Corporate Bond ETF | 2026-07-31 | 1 | $400K | $402K | 0.10% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 6.02: safer than 58% of companies (59th percentile in Industrials). Market-implied, prices to 2026-10-19, balance sheet 2026-03-31.
| Equity value | $2.24B |
| Debt barrier (short-term + ½ long-term debt) | $1.17B |
| Equity volatility (1 year) | 27.0% |
| Asset value / asset volatility (solved) | $3.36B / 18.0% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 257 bp spread prices in about 4.3% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Altman Z'' = 1.16 (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.