IREN bonds fall between five and eight points

Four IREN Ltd bonds printed below 75 on Thursday, each down between 4.77 and 8.16 points from its previous print.

Why it matters: All four IREN bonds in the signal set moved down together on the same morning and crossed below 75, putting the whole complex, not a single line, at the measured levels.

Data as of Kilambi Research bond signals 46270CAE9-below75-2026-10-15, 46270CAG4-below75-2026-10-15, 46270CAJ8-below75-2026-10-15 and 46270CAL3-below75-2026-10-15, from FINRA TRACE public data; bond pages https://news.kilambi.com/leverage/bond/46270cae9/, https://news.kilambi.com/leverage/bond/46270cag4/, https://news.kilambi.com/leverage/bond/46270caj8/ and https://news.kilambi.com/leverage/bond/46270cal3/. No fund mark is recorded for these bonds in the signal data. Measured trade figures only; the tape records trades, not reasons for them.

Four IREN Ltd bonds fell on Thursday morning. The notes with CUSIP 46270CAE9 printed at 58.25 at 08:46:08 ET, down from a previous print of 63.0234. The 0.25% notes due 2032, CUSIP 46270CAG4, printed at 68.0 at 09:59:56 ET, down from 74.25.

The 1% notes due 2033 with CUSIP 46270CAJ8 printed at 67.6534 at 10:12:11 ET, down from 74.2172, and the 1% notes due 2033 with CUSIP 46270CAL3 printed at 51.6992 at 10:28:03 ET, down from 59.8581. Stored trade counts for the four bonds are 2,245, 1,130, 1,363 and 1,829 trades respectively.

IREN bonds fall between five and eight points

Sources