BOND COMPLEXITY : MODERATEISIN: XS3481514522
TOYOTS 5.213% 15Sep2031 Corp (USD)
TOYOTA TSUSHO AMERICA INC.
Indicative Bid Price
99.800
Bid Yield to Maturity
5.259%
Bid Yield to Call
5.259%
Min. Investment (Nominal)
200000
Indicative Ask Price
99.974
Ask Yield to Maturity
5.218%
Ask Yield to Call
5.218%
Next Call Date
14 Aug 2031
Credit Rating (Bond)
N.R
No Rating
Seniority
Senior Unsecured
Investor Profile
Stable Income Seeker
Chart
Created with Highcharts 9.3.2Bid Yield to CallAsk Yield to CallBid Yield to MaturityAsk Yield to Maturity16:00:00.0000123456FSM Global
Bond Information
Toyota Tsusho America, Inc. operates as a trading and distribution company. The Company trades steel and wire cloth products as well as processes and distributes flat rolled steel products. Toyota Tsusho also trades auto parts and electronic components. Toyota Tsusho conducts business throughout the United States.
Bond Issuer
Toyota Tsusho America Inc.
Guarantor
Toyota Tsusho Corporation
Announcement Date
07 Sep 2026
Issue Date
14 Sep 2026
Maturity Date / Next Call Date
14 Sep 2031 / 14 Aug 2031
Years to Maturity / Next Call
5.018 / 4.933
Issue/Reoffer Price
100.000
Issue/Reoffer Yield
5.213
Coupon Type
Fixed
Annual Coupon Rate (%)
5.213
Annual Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Exchange Listed
SGX
Reference Rate
-
ISIN
XS3481514522
CUSIP
DQ2534252
Bond Currency
USD
Total Issue Size
USD 500,000,000
Minimum Investment Quantity (Nominal)
USD 200,000
Incremental Quantity (Nominal)
USD 1,000
Bond Registration
Wholesale
Bond Type
Corporate
Bond Sector
Consumer Discretionary
Bond Sub Sector
Distributors
Issuer Credit Rating (S&P/ Fitch)
***/N.R
Bond Credit Rating (S&P/ Fitch)
***/N.R
Shariah Compliant
No
W-8BEN Declaration needed 
Yes
Bond Feature(s)
The Issuer has the option to redeem the Bonds in whole, but not in part, at any time prior to [TBD] August 2031 (being the date falling one month prior to the Maturity Date) (the “Par Call Date”), upon giving not less than 30 days nor more than 60 days’ prior notice of redemption to the Bondholders (which notice shall be irrevocable), at a redemption price equal to the greater of:

(i) 100 per cent. of the principal amount of the Bonds being redeemed; or
(ii) the sum of the present values of the principal and the remaining scheduled payments of interest on the Bonds being redeemed (exclusive of interest accrued to the date of redemption) that would be due if the Bonds were redeemed on the Par Call Date, discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of 12 months of 30 days each) at the Treasury Rate plus [TBD] basis points, plus, in each case, accrued and unpaid interest on the principal amount of the Bonds being redeemed to, but excluding, the date of redemption. For the avoidance of doubt, no Agent shall be required or obligated to perform any calculations in respect of the Treasury Rate and/or the redemption price.

Make-whole call
The Issuer has the option to redeem the Bonds in whole, but not in part, at any time on or after the Par Call Date, upon giving not less than 30 days nor more than 60 days’ prior notice of redemption to the Bondholders (which notice shall be irrevocable), at their principal amount plus accrued and unpaid interest on the principal amount of the Bonds being redeemed to, but excluding, the date of redemption.

1-month par call
Price History
(Daily prices for the last 3 months), if you wish to view more than 3 months price history you may export the file
DATE
BID PRICE
ASK PRICE
ASK YIELD (CALL)
ASK YIELD (MATURITY)
07 Sep 2026100.000100.0005.213
Total of 1 entries
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FSM Global strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.
Credit Rating

There are no credit rating changes for this bond for the past 3 years.

Related Documents
pdfIcon
Preliminary Offering Circular
U.S.$[TBD} [TBD] per cent. Guaranteed Bonds due 2031.Preliminary Offering Circular Dated 1 September 2026.
Related Bonds

No data available

FSM's Fees
For more information, please refer to the Pricing Structure
For each Buy & Sell Order (Retail^, Wholesale, Bond Express)
Processing Fee
0.35% / Min. SGD 10*
Platform Fee
0.05% per quarter
Other Charges
Goods & Services Tax (GST)
9% (GST is applicable to Singaporean residents on FSM’s fee)
Order Processing Time
Buy Wholesale Bonds / SGS Bonds / Retail (All payment type)
Generally T+2 business days upon payment clearance
Sell Wholesale Bonds / SGS Bonds / Retail Bonds
Generally T+2 business days (Redemption proceeds will be credited on next day)
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Remark

  1. *Processing fee is subjected to a minimum of SGD 10 (or in its equivalent currency).
  2. ^ For the purchase of the Retail Bonds, FSM Global will be absorbing SGX related Charges, till further notice.
  3. T = Transaction Date
    The Order processing time refers to the order completion and reflected in your account.
    ^The Purchase date will be based on T date

Platform Charge
  1. For the purpose of benefiting from lower rates based on higher investment holding tiers, the effective platform fee rate is based on the total combined holdings of all FSM accounts under main account holder (including beneficiary accounts), while Stock / ETF / Cash Account holdings are excluded from the combined holdings amount.
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Note
  1. All fees and commission quoted are exclusive of Goods and Services Tax (GST).
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Potential Income Explained
EDIT
Est. Payable Amount
USD 200,884.77
Years to Call
4 years 10+ months
Est. Total Income
USD 51,261.17
Yield to Call
4.911%
Indicative Cash Flow
Nominal Value
USD 200,000.00
  • 2031
    Aug
    Coupon
    USD 4,344.17
    Early Redemption
    USD 200,000.00
  • Mar
    Coupon
    USD 5,213.00
  • 2030
    Sep
    Coupon
    USD 5,213.00
  • Mar
    Coupon
    USD 5,213.00
  • 2029
    Sep
    Coupon
    USD 5,213.00
Disclaimer: Cash flow calculations are computed based on current coupon rate till next possible call or maturity date. Figures reflected are indicative and subjected to changes in case of any corporate actions.
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