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Bonds · Sovereign

Honduras government bonds

Honduras's bonds as US funds mark them in their filings (SEC Form N-PORT), by currency. Fund marks as of Jul 2026; they lag the market by about two months.

By currency

BondsMeasured againstCountSpread10-year spreadPriced-in 5y odds1-month changeMedian yieldHeld by US funds
USD Emerging markets, US-dollar bonds vs US Treasuries6 186 bp 187 bp14.4% +27 bp6.41% $109.7M

Priced-in odds = spread ÷ (1 − 40% recovery) over five years; it includes a risk premium and overstates actual defaults. Own-currency bonds get a yield and no odds: a government can print its own currency.

USD spread history

Median spread vs US Treasuries, month-ends with complete filings. Fund-reported.

159 bp520 bp882 bpJan 2021Jul 20262021-01-31: 301 bp2021-02-28: 321 bp2021-03-31: 347 bp2021-04-30: 336 bp2021-05-31: 342 bp2021-06-30: 354 bp2021-07-31: 373 bp2021-08-31: 354 bp2021-09-30: 374 bp2021-10-31: 414 bp2021-11-30: 411 bp2021-12-31: 361 bp2022-01-31: 470 bp2022-02-28: 674 bp2022-03-31: 533 bp2022-04-30: 656 bp2022-05-31: 834 bp2022-06-30: 882 bp2022-07-31: 765 bp2022-08-31: 741 bp2022-09-30: 734 bp2022-10-31: 825 bp2022-11-30: 640 bp2022-12-31: 572 bp2023-01-31: 573 bp2023-02-28: 596 bp2023-03-31: 584 bp2023-04-30: 618 bp2023-05-31: 581 bp2023-06-30: 534 bp2023-07-31: 506 bp2023-08-31: 355 bp2023-09-30: 384 bp2023-10-31: 399 bp2023-11-30: 388 bp2023-12-31: 369 bp2024-01-31: 398 bp2024-02-29: 352 bp2024-03-31: 346 bp2024-04-30: 408 bp2024-05-31: 369 bp2024-06-30: 424 bp2024-07-31: 443 bp2024-08-31: 445 bp2024-09-30: 442 bp2024-10-31: 392 bp2024-11-30: 384 bp2024-12-31: 376 bp2025-01-31: 407 bp2025-02-28: 391 bp2025-03-31: 392 bp2025-04-30: 381 bp2025-05-31: 345 bp2025-06-30: 266 bp2025-07-31: 294 bp2025-08-31: 286 bp2025-09-30: 214 bp2025-10-31: 256 bp2025-11-30: 256 bp2025-12-31: 214 bp2026-01-31: 199 bp2026-02-28: 195 bp2026-03-31: 233 bp2026-04-30: 200 bp2026-05-31: 196 bp2026-06-30: 159 bp2026-07-31: 186 bp

Honduras's USD curve

Yield to maturity of each USD bond US funds hold (6 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.

5.79%6.12%6.46%0y5y10yHONDURAS GOVERNMENT 5.625 2030-06-24: 5.79%HONDURAS GOVERNMENT 5.625 2030-06-24: 5.88%HONDURAS GOVERNMENT 8.625 2034-11-27: 6.43%HONDURAS GOVERNMENT 8.625 2034-11-27: 6.38%Republic of Honduras 6.4 2036-07-29: 6.46%

Who holds Honduras's debt

Fund series holding Honduras's government and government-related bonds in their latest quarterly report: 75 now, 68 a quarter earlier. Names as reported in the filings.

Fund seriesReportBondsFace valueValue
MFS Emerging Markets Debt Fund2026-07-31 2$40.8M$42.9M
LORD ABBETT BOND DEBENTURE FUND INC2026-06-30 1$24.8M$24.9M
American Funds Emerging Markets Bond Fund2026-06-30 4$20.9M$21.1M
American Funds Multi-Sector Income Fund2026-06-30 1$17.2M$17.3M
VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND2026-07-31 4$11.8M$12.4M
T. Rowe Price Emerging Markets Bond Fund2026-06-30 1$10.6M$12.3M
JPMorgan Income Fund2026-05-31 3$10.0M$11.0M
TCW Emerging Markets Income Fund2026-07-31 1$9.5M$10.9M
New World Fund Inc2026-07-31 2$7.6M$7.6M
JPMorgan Emerging Markets Debt Fund2026-05-31 2$6.4M$7.3M
JPMorgan Income ETF2026-05-31 3$6.5M$7.2M
Payden Emerging Markets Bond Fund2026-07-31 2$6.0M$6.3M
JPMorgan Core Plus Bond Fund2026-05-31 1$4.9M$5.6M
Nuveen Core Bond Fund2026-06-30 2$4.7M$5.2M
Emerging Markets Core Fund2026-07-31 3$4.9M$5.2M
JPMorgan Income Builder Fund2026-07-31 3$4.1M$4.5M
Artisan Global Unconstrained Fund2026-06-30 1$4.2M$4.3M
NYLIM MacKay Strategic Bond Fund2026-07-31 1$4.1M$4.1M
Nuveen Core Plus Bond Fund2026-06-30 2$3.7M$4.1M
JPMorgan Global Bond Opportunities Fund2026-05-31 1$3.4M$3.9M

ETFs holding Honduras's bonds

From each ETF's own latest N-PORT report, as a share of its net assets. A holdings list, not a recommendation.

ETFReportBondsValue% of net assets
VWOB VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND 2026-07-314$12.4M 0.19%
JPIE JPMorgan Income ETF 2026-05-313$7.2M 0.08%
IUSB iShares Core Universal USD Bond ETF 2026-07-313$2.8M 0.01%
JCPB JPMorgan Core Plus Bond ETF 2026-05-311$2.2M 0.02%
JPIB JPMorgan International Bond Opportunities ETF 2026-05-311$1.5M 0.07%
JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF 2026-07-311$711K 0.16%
EMBX VanEck Emerging Markets Bond ETF 2026-06-301$612K 0.25%
JFLX JPMorgan Flexible Debt ETF 2026-05-311$570K 0.04%
UNIY WisdomTree VOYA Yield Enhanced USD Universal Bond Fund 2026-05-312$568K 0.04%
JSCP JPMorgan Short Duration Core Plus ETF 2026-05-311$399K 0.03%
ISTB iShares Core 1-5 Year USD Bond ETF 2026-07-311$198K 0.00%
NBFC Neuberger Flexible Credit Income ETF 2026-07-311$171K 0.23%
BNDP VANGUARD CORE-PLUS BOND INDEX ETF 2026-06-302$25K 0.02%

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.

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms