Lancashire Holdings Limited bonds LRE.L
Who owns Lancashire Holdings 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. LRE.L 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 |
|---|---|---|---|---|---|---|---|---|---|
| G5361WAB0 | 5.625% fixed | 2041-09-18 | USD | 97.51 | 5.87% | 101 bp | 5 | $47.2M | Jul 2026 |
| BO5361353 | 5.625% variable | 2041-09-18 | USD | 97.20 | — | — | 1 | $486K | 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 | 2 | $47.7M | 97.36 | 5.87% | 101 bp | 5 |
| Jun 2026 | 1 | $4.9M | 98.35 | 5.79% | 106 bp | 4 |
| Apr 2026 | 2 | $48.1M | 98.24 | 5.79% | 116 bp | 5 |
| Mar 2026 | 1 | $4.9M | 98.14 | 5.81% | 124 bp | 4 |
| Jan 2026 | 1 | $39.8M | 100.15 | 5.61% | 107 bp | 3 |
| Dec 2025 | 1 | $3.6M | 99.04 | 5.72% | 122 bp | 3 |
| Nov 2025 | 1 | $770K | 98.21 | 5.80% | 137 bp | 2 |
| Oct 2025 | 1 | $39.3M | 98.88 | 5.73% | 135 bp | 3 |
| Sep 2025 | 1 | $3.7M | 99.58 | 5.66% | 119 bp | 3 |
| Aug 2025 | 1 | $571K | 97.77 | 5.84% | 122 bp | 1 |
| Jul 2025 | 1 | $61.0M | 96.50 | 5.96% | 125 bp | 6 |
| Jun 2025 | 1 | $3.5M | 95.51 | 6.06% | 136 bp | 3 |
| May 2025 | 1 | $547K | 93.70 | 6.25% | 151 bp | 1 |
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. 0 added, 0 cut, 0 new holders and 0 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| First Trust Preferred Securities and Income ETF First Trust Exchange-Traded Fund III | 2026-07-31 | $32.0M | $31.3M | $0 |
| First Trust Institutional Preferred Securities and Income ETF First Trust Exchange-Traded Fund III | 2026-07-31 | $6.8M | $6.7M | $0 |
| Invesco International Bond Fund AIM Investment Funds (Invesco Investment Funds) | 2026-07-31 | $5.0M | $4.9M | $0 |
| Invesco Global Strategic Income Fund AIM Investment Funds (Invesco Investment Funds) | 2026-07-31 | $3.7M | $3.6M | $0 |
| Cohen & Steers Ltd Duration Preferred & Income Fund, Inc. | 2026-06-30 | $2.0M | $1.9M | $0 |
| COHEN & STEERS INFRASTRUCTURE FUND INC | 2026-06-30 | $1.3M | $1.3M | $0 |
| Invesco V.I. Global Strategic Income Fund AIM Variable Insurance Funds (Invesco Variable Insurance Funds) | 2026-06-30 | $1.3M | $1.3M | $0 |
| Preferred Securities and Income SMA Shares Cohen & Steers Preferred Securities & Income SMA Shares, Inc. | 2026-07-31 | $800K | $780K | $0 |
| John Hancock CQS Multi Asset Credit Fund | 2026-07-31 | $500K | $486K | $0 |
| Cohen & Steers Select Preferred & Income Fund, Inc. | 2026-06-30 | $400K | $393K | $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
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
A 101 bp spread prices in about 1.7% 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
Not available.
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: USD 15.1y +10 bp (as of Jul 2026).
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.