IBM 23/38IBM 23/38IBM 23/38

IBM 23/38

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Key terms


Outstanding amount
‪750.00 M‬GBP
Face value
1,000.00GBP
Minimum denomination
100,000.00GBP
Coupon
4.88% (Fixed)
Coupon frequency
Annual
Yield to maturity
5.75%
Maturity date
Feb 6, 2038
Term to maturity
13 years

About IBM 23/38


Sector
Technology Services
Industry
Packaged Software
Home page
Issue date
Feb 6, 2023
ISIN
XS2583743047
International Business Machines Corp. is an information technology company, which engages in the provision of integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure, and modernize their environments. The Consulting segment focuses on integrating skills on strategy, experience, technology and operations by domain and industry. The Infrastructure segment offers solutions for hybrid cloud, and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. The Financing segment refers to the client and commercial financing, facilitating IBM clients’ acquisition of IT systems, software, and services. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.
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