SSE plc bonds SSE.L
Who owns SSE plc'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. SSE.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 |
|---|---|---|---|---|---|---|---|---|---|
| G8842PQQ8 | 1.375% fixed | 2027-09-04 | EUR | 98.19 | 3.08% | — | 1 | $113K | Jul 2026 |
| G8842PST0 | 4% fixed | 2028-01-21 | EUR | 99.94 | 4.03% | — | 4 | $31.5M | Jul 2026 |
| EH6185894 | 8.375% fixed | 2028-11-20 | GBP | 106.94 | 5.14% | — | 5 | $15.2M | Jul 2026 |
| G8842PSZ6 | 2.875% fixed | 2029-08-01 | EUR | 98.37 | 3.45% | — | 8 | $21.1M | Jul 2026 |
| BH6216197 | 1.75% fixed | 2030-04-16 | EUR | 93.79 | 3.56% | — | 3 | $23.8M | Jul 2026 |
| XS3095384809 | 4% fixed | 2030-06-19 | EUR | 98.56 | 4.41% | — | 1 | $114K | Jul 2026 |
| XS3310370799 | 4.38% fixed | 2031-06-09 | EUR | 99.30 | 4.54% | — | 1 | $286K | Jul 2026 |
| ACI2JGZH0 | 4% fixed | 2031-09-05 | EUR | 102.97 | 3.36% | — | 1 | $118K | Jun 2026 |
| YQ2996433 | 3.5% fixed | 2032-03-18 | EUR | 98.59 | 3.78% | — | 1 | $512K | Jul 2026 |
| G8842PUT7 | 3.5% fixed | 2032-03-18 | EUR | 100.26 | 3.45% | — | 1 | $209K | Jun 2026 |
| XS3095397454 | 4.5% fixed | 2033-03-19 | EUR | 98.73 | 4.72% | — | 1 | $228K | Jul 2026 |
| XS3310370955 | 4.75% fixed | 2034-03-09 | EUR | 99.38 | 4.85% | — | 1 | $115K | Jul 2026 |
| EH5062086 | 6.25% fixed | 2038-08-27 | GBP | 99.80 | 6.27% | — | 5 | $16.1M | Jul 2026 |
| G8842PSA1 | 3.125% variable | 2172-07-14 | EUR | 99.05 | — | — | 2 | $3.5M | Apr 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 | 11 | $109.1M | 98.73 | — | — | 8 |
| Jun 2026 | 6 | $21.9M | 100.36 | — | — | 4 |
| May 2026 | 2 | $230K | 98.55 | — | — | 1 |
| Apr 2026 | 10 | $112.2M | 98.95 | — | — | 8 |
| Mar 2026 | 7 | $25.2M | 98.88 | — | — | 3 |
| Feb 2026 | 2 | $237K | 100.40 | — | — | 1 |
| Jan 2026 | 9 | $105.5M | 101.14 | — | — | 7 |
| Dec 2025 | 7 | $36.0M | 101.04 | — | — | 3 |
| Nov 2025 | 3 | $1.6M | 101.36 | — | — | 1 |
| Oct 2025 | 8 | $104.9M | 101.84 | — | — | 7 |
| Sep 2025 | 7 | $39.1M | 101.57 | — | — | 4 |
| Aug 2025 | 4 | $1.1M | 102.85 | — | — | 1 |
| Jul 2025 | 9 | $111.3M | 100.67 | — | — | 7 |
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, 5 cut, 4 new holders and 1 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 | $38.7M | $46.5M | -$1.0M |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $33.8M | $39.2M | -$2.0M |
| BlackRock Strategic Income Opportunities Portfolio BlackRock Funds V | 2026-06-30 | $8.0M | $9.2M | -$5.6M |
| Dimensional Short-Duration Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $7.0M | $7.9M | $0 |
| TCW METWEST TOTAL RETURN BOND FUND TCW Metropolitan West Funds | 2026-06-30 | $4.4M | $5.1M | new |
| Dimensional International Core Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $3.1M | $4.2M | $70K |
| Dimensional Global Core Plus Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $2.1M | $2.9M | $62K |
| iShares Core International Aggregate Bond ETF iShares Trust | 2026-07-31 | $2.0M | $2.3M | $300K |
| DFA Selectively Hedged Global Fixed Income Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $2.1M | $2.3M | $0 |
| Nuveen International Bond Fund TIAA-CREF Funds | 2026-06-30 | $2.0M | $2.3M | $0 |
| AB Income Fund AB BOND FUND, INC. | 2026-07-31 | $1.3M | $1.8M | new |
| Calvert Green Bond Fund Calvert Impact Fund, Inc. | 2026-06-30 | $1.4M | $1.7M | $0 |
| Six Circles Global Bond Fund SIX CIRCLES TRUST | 2026-06-30 | $1.3M | $1.4M | -$750K |
| Cohen & Steers Preferred and Income Opportunities Active ETF Cohen & Steers ETF Trust | 2026-06-30 | $850K | $985K | new |
| DFA Short-Term Extended Quality Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $800K | $908K | $0 |
| JNL/Neuberger Berman Strategic Income Fund JNL Series Trust | 2026-06-30 | $400K | $459K | $0 |
| DFA TARGETED CREDIT PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $320K | $363K | $0 |
| College Retirement Equities Fund - Core Bond Account College Retirement Equities Fund | 2026-06-30 | $300K | $344K | new |
| Dimensional Global Credit ETF Dimensional ETF Trust | 2026-07-31 | $170K | $228K | -$80K |
| DFA Intermediate-Term Extended Quality Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $200K | $227K | $0 |
| Fidelity International Bond Index Fund Fidelity Salem Street Trust | 2026-06-30 | $130K | $149K | $0 |
| Fidelity Sustainable Core Plus Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $100K | $120K | $0 |
| PIMCO Climate Bond Fund PIMCO FUNDS | 2026-06-30 | $100K | $118K | $0 |
| Diversified Income Fund Principal Funds, Inc | 2026-07-31 | $100K | $115K | $0 |
| American Beacon TwentyFour Short Term Bond Fund AMERICAN BEACON FUNDS | 2026-06-30 | $100K | $115K | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): LVIP Fidelity Institutional AM(R) Total Bond Fund ($100K).
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 | $39.2M | 0.03% |
| DFSD Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 1 | $7.0M | $7.9M | 0.11% |
| DFGX Dimensional International Core Fixed Income ETF | 2026-07-31 | 1 | $3.1M | $4.2M | 0.24% |
| DFGP Dimensional Global Core Plus Fixed Income ETF | 2026-07-31 | 2 | $2.1M | $2.9M | 0.08% |
| IAGG iShares Core International Aggregate Bond ETF | 2026-07-31 | 8 | $2.0M | $2.3M | 0.02% |
| CSPF Cohen & Steers Preferred and Income Opportunities Active ETF | 2026-06-30 | 1 | $850K | $985K | 0.36% |
| DGCB Dimensional Global Credit ETF | 2026-07-31 | 1 | $170K | $228K | 0.02% |
| EUIG iShares Euro Investment Grade Corporate Bond USD Hedged ETF | 2026-07-31 | 1 | $100K | $113K | 0.54% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 3.45: safer than 31% of companies (30th percentile in Utilities). Market-implied, prices to 2026-10-19, balance sheet 2026-03-31.
| Equity value | $40.22B |
| Debt barrier (short-term + ½ long-term debt) | $9.18B |
| Equity volatility (1 year) | 56.8% |
| Asset value / asset volatility (solved) | $49.02B / 46.6% |
| 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'' = 2.02 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in SSE.L'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 | 2 | $6.8M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 10 | $15.7M | 0 | — | 0 | — | 0 |
| 2026-03-31 | 11 | $16.9M | 0 | — | 0 | — | 0 |
| 2025-12-31 | 13 | $13.9M | 0 | — | 0 | — | 0 |
| 2025-09-30 | 8 | $12.1M | 0 | — | 0 | — | 0 |
| 2025-06-30 | 10 | $13.7M | 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.