You can buy Apple corporate bonds through most major online brokerages that offer fixed-income trading. Apple has dozens of bonds outstanding on the secondary market, with maturities ranging from the near term out to 2062 and coupon rates roughly between 1.2% and 4.65%. Buying them is straightforward once you know what to look for and where to search.
Where Apple Bonds Trade
Apple bonds trade on the secondary bond market, meaning you’re buying from another investor rather than directly from Apple. You won’t find them on a stock exchange the way you’d buy shares of AAPL. Instead, you need a brokerage account that supports individual corporate bond trading.
Brokerages well regarded for bond access include Charles Schwab, Interactive Brokers, and J.P. Morgan Self-Directed Investing. Most charge a commission or markup on bond trades, often with a minimum around $10 and a cap around $250 per trade. If you already have a brokerage account, check whether it offers a bond screener or fixed-income search tool before opening a new one.
How to Find a Specific Apple Bond
Corporate bonds are identified by a CUSIP, a unique alphanumeric code that works like a ticker symbol for bonds. Apple’s bonds all start with the prefix 037833 or 37833, followed by additional characters that distinguish each issue. For example, CUSIP US37833EP1 is an Apple bond with a 3.35% coupon maturing in August 2032, while US37833ER7 carries a 4.10% coupon and doesn’t mature until 2062.
Inside your brokerage’s bond screener, you can typically search by issuer name (“Apple Inc.”), CUSIP, or by filtering for investment-grade corporate bonds. The screener will show you available bonds along with their coupon rate, maturity date, current price, and yield to maturity. You can also browse Apple’s full bond list on financial data sites like TradingView or FINRA’s bond search tool (TRACE) to identify the CUSIP you want before placing an order.
Understanding Price, Par Value, and Yield
Corporate bonds have a face value (also called par value) of $1,000 per bond. That’s the amount the issuer pays back when the bond matures. But the price you actually pay on the secondary market can be higher or lower than $1,000, depending on how the bond’s coupon rate compares to current interest rates.
When a bond’s coupon rate is higher than prevailing market rates, investors are willing to pay more than face value for it, so it trades at a premium. A bond priced at 110 costs $1,100 per bond. When rates have risen above the coupon, the bond trades at a discount. A bond priced at 90 costs $900. Either way, at maturity you receive the full $1,000 face value, and you collect the stated coupon payments along the way.
Yield to maturity is the number that matters most for comparison shopping. It accounts for the coupon payments, the price you paid, and the gain or loss you’ll realize when the bond matures at par. Some Apple bonds currently show yields in the 4% to 5.5% range, though this shifts daily with market conditions.
Choosing the Right Maturity
Apple has bonds maturing as soon as 2026 and as far out as 2062, giving you a wide range to match your timeline. Shorter maturities (under five years) carry less interest rate risk, meaning their prices won’t swing as much if rates change. Longer maturities lock in a coupon for decades but are more sensitive to rate movements in the meantime.
A few examples from Apple’s lineup illustrate the tradeoff. A bond maturing in 2029 with a 3.25% coupon gives you steady income for a few years with limited price volatility. A 2050 maturity with a 2.65% coupon pays for much longer, but its market price will fluctuate more before you reach that date. If you plan to hold to maturity, price swings along the way are less of a concern since you’ll receive the full $1,000 face value at the end regardless.
Minimum Investment and Order Size
Most brokerages let you buy corporate bonds in increments of one bond, which means a minimum outlay around $1,000 at par. Some platforms or specific bond issues may require a minimum of two, five, or ten bonds. Check the order details on your brokerage’s platform before placing a trade, as minimums can vary by issue.
Keep in mind that if you’re buying just one or two bonds, the commission or markup represents a larger percentage of your investment. Buying in slightly larger quantities can reduce the per-bond cost of trading.
Placing the Order
Once you’ve identified the Apple bond you want by its CUSIP or through the screener, placing the order is similar to buying a stock. You’ll see the current ask price (what sellers are offering), and you can place a limit order at a price you’re willing to pay. Bond prices are quoted either in dollars or as a percentage of face value, so a quote of 98.5 means $985 per bond.
After your order fills, the bond settles in your account, typically within one or two business days. You’ll begin receiving coupon payments on the bond’s scheduled payment dates, usually twice a year, directly into your brokerage account. When the bond matures, the $1,000 face value per bond is deposited automatically.
Alternatives to Buying Individual Bonds
If the process of selecting individual bonds feels complex, or if you want broader diversification than a single issuer provides, you can get exposure to Apple’s debt through bond ETFs or bond mutual funds that hold investment-grade corporate bonds. These funds typically hold bonds from dozens or hundreds of companies, Apple included, and trade on stock exchanges like regular shares. The tradeoff is that you won’t receive a specific maturity date or guaranteed return of par value, since the fund continuously buys and sells bonds.
Some platforms, like Wealthfront, offer automated bond portfolios that build a diversified ladder of individual bonds for you, handling the selection and reinvestment. This gives you the defined maturity benefits of individual bonds with less hands-on work.
Tax Treatment of Bond Income
Interest payments from Apple bonds are taxed as ordinary income at the federal level and by most states. If you buy a bond at a discount and hold it to maturity, the difference between your purchase price and the $1,000 face value is also taxable. Holding bonds inside a tax-advantaged account like an IRA lets you defer or avoid that tax, which can meaningfully improve your after-tax return, especially on higher-coupon bonds.