Qantas Airways Limited bonds QAN.AX
Who owns Qantas Airways 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. QAN.AX 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 |
|---|---|---|---|---|---|---|---|---|---|
| QZ7279925 | 4.75% fixed | 2026-10-12 | AUD | 99.88 | 5.31% | — | 2 | $12.7M | Jul 2026 |
| AU3CB0283182 | 3.15% fixed | 2028-09-27 | AUD | 95.14 | 5.57% | — | 5 | $54.1M | Jul 2026 |
| AU3CB0268357 | 2.95% fixed | 2029-11-27 | AUD | 91.60 | 5.76% | — | 5 | $4.8M | Jul 2026 |
| AU3CB0274280 | 5.25% fixed | 2030-09-09 | AUD | 97.82 | 5.85% | — | 3 | $6.3M | Jul 2026 |
| AU3CB0313419 | 5.9% fixed | 2034-09-19 | AUD | 97.23 | 6.34% | — | 1 | $274K | Jul 2026 |
| AU3CB0332567 | 6.659% fixed | 2036-05-19 | AUD | 100.89 | 6.53% | — | 1 | $22.0M | 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 | 6 | $100.1M | 97.53 | — | — | 5 |
| Jun 2026 | 2 | $13.4M | 97.48 | — | — | 2 |
| Apr 2026 | 5 | $75.7M | 96.87 | — | — | 6 |
| Mar 2026 | 2 | $11.7M | 96.95 | — | — | 2 |
| Jan 2026 | 5 | $67.5M | 99.65 | — | — | 6 |
| Dec 2025 | 2 | $8.2M | 97.58 | — | — | 2 |
| Oct 2025 | 5 | $48.5M | 100.42 | — | — | 6 |
| Sep 2025 | 2 | $6.8M | 98.26 | — | — | 2 |
| Jul 2025 | 5 | $51.6M | 100.55 | — | — | 6 |
| Jun 2025 | 2 | $6.8M | 98.05 | — | — | 2 |
| Apr 2025 | 5 | $49.7M | 99.76 | — | — | 6 |
| Mar 2025 | 3 | $15.4M | 99.23 | — | — | 2 |
| Jan 2025 | 5 | $48.9M | 98.94 | — | — | 6 |
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, 1 cut, 0 new holders and 0 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD ULTRA-SHORT-TERM BOND FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $39.5M | $27.0M | $26.3M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $33.7M | $22.6M | $0 |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $30.9M | $22.0M | $11.2M |
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $24.0M | $16.1M | $0 |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $15.6M | $10.4M | $0 |
| VANGUARD CORE BOND FUND VANGUARD MALVERN FUNDS | 2026-06-30 | $10.0M | $6.6M | $0 |
| VANGUARD ULTRA-SHORT BOND ETF VANGUARD BOND INDEX FUNDS | 2026-06-30 | $8.5M | $5.9M | $2.3M |
| SHORT-TERM INVESTMENT-GRADE PORTFOLIO VANGUARD VARIABLE INSURANCE FUNDS | 2026-06-30 | $1.5M | $988K | $0 |
| VANGUARD GLOBAL CREDIT BOND FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $1.1M | $728K | -$1.5M |
| VANGUARD STAR CORE-PLUS BOND FUND VANGUARD STAR FUNDS | 2026-07-31 | $1.0M | $701K | $0 |
| iShares Core International Aggregate Bond ETF iShares Trust | 2026-07-31 | $850K | $573K | $0 |
| Diversified Income Fund Principal Funds, Inc | 2026-07-31 | $100K | $65K | $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 5.09: safer than 50% of companies (49th percentile in Industrials). Market-implied, prices to 2026-10-19, balance sheet 2026-06-30.
| Equity value | $10.67B |
| Debt barrier (short-term + ½ long-term debt) | $3.46B |
| Equity volatility (1 year) | 36.1% |
| Asset value / asset volatility (solved) | $13.98B / 27.6% |
| 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'' = -1.23 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in QAN.AX'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 | $61K | 0 | — | 0 | — | 0 |
| 2026-06-30 | 4 | $252K | 0 | — | 0 | — | 0 |
| 2026-03-31 | 4 | $162K | 0 | — | 0 | — | 0 |
| 2025-12-31 | 4 | $203K | 0 | — | 0 | — | 0 |
| 2025-09-30 | 3 | $141K | 0 | — | 0 | — | 0 |
| 2025-06-30 | 4 | $132K | 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.