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In “11 Long-Term Corporates Hot Off The Press,” I reference several corporate bonds with ten to thirty years until maturity recently issued by eight different companies. For investors who prefer shorter-dated corporates, the following eight recently issued corporate notes might be of interest. All the notes have investment grade ratings, maturities of three to five years, and coupons ranging from 0.875% to 5.05%.

Please note that at the time this article was written, not all of these notes had offer prices in the secondary market. Given how recently the settlement date was for each of these notes, it may take some time for each of them to be offered to retail investors. If you are interested in purchasing any note without a current secondary market offer price, keep it on your shopping list for a future opportunity. Also, keep in mind that corporate bonds trading in the secondary market have huge disparities in terms of liquidity. It would therefore be judicious of a retail investor to purchase the more illiquid corporates with the intention of holding the notes to maturity.

Transocean’s (NYSE:RIG) senior unsecured note (CUSIP: 893830BA6) maturing 12/15/2016 has a coupon of 5.05%. It pays interest semi-annually and has a make whole call. Moody’s currently rates the note Baa3; S&P rates it BBB-. The note was originally offered at a price of 99.906, and the offer size was $1 billion. The offer date was November 30, 2011.

John Deere Capital’s (NYSE:DE) senior unsecured note (CUSIP: 24422ERK7) maturing 12/2/2014 has a coupon of 1.25%. It pays interest semi-annually and is non-callable. Moody’s currently rates the note A2; S&P rates it A. The note was originally offered at a price of 99.871, and the offer size was $600 million. The offer date was November 29, 2011.

John Deere Capital’s senior unsecured note (CUSIP: 24422ERL5) maturing 1/13/2017 has a coupon of 2.00% and is asking 101.571 cents on the dollar (1.676% yield-to-maturity before commissions). It pays interest semi-annually and is non-callable. Moody’s currently rates the note A2; S&P rates it A. The note was originally offered at a price of 99.887, and the offer size was $500 million. The offer date was November 29, 2011.

Safeway’s (NYSE:SWY) senior unsecured note (CUSIP: 786514BT5) maturing 12/1/2016 has a coupon of 3.40% and is asking 101.659 cents on the dollar (3.038% yield-to-maturity before commissions). It pays interest semi-annually and has a make whole call. Moody’s currently rates the note Baa2. The note was originally offered at a price of 99.946, and the offer size was $400 million. The offer date was November 30, 2011.

Johnson Controls’ (NYSE:JCI) senior unsecured note (CUSIP: 478366AZ0) maturing 12/1/2016 has a coupon of 2.60%. It pays interest semi-annually and has a make whole call. Moody’s currently rates the note Baa1. The note was originally offered at a price of 99.949, and the offer size was $400 million. The offer date was November 29, 2011.

The Walt Disney Company’s (NYSE:DIS) senior unsecured note (CUSIP: 25468PCQ7) maturing 12/1/2014 has a coupon of 0.875% and is asking 100.268 cents on the dollar (0.784% yield-to-maturity before commissions). It pays interest semi-annually and has a make whole call. For additional conditional call features, please contact your broker or read the indenture. Moody’s currently rates the note A2; S&P rates it A. The note was originally offered at a price of 99.673, and the offer size was $1 billion. The offer date was November 29, 2011.

Raytheon’s (NYSE:RTN) senior unsecured note (CUSIP: 755111BV2) maturing 12/15/2014 has a coupon of 1.40%. It pays interest semi-annually and has a make whole call. Moody’s currently rates the note A3; S&P rates it A-. The note was originally offered at a price of 99.879, and the offer size was $575 million. The offer date was November 29, 2011.

Scripps Networks Interactive’s (NYSE:SNI) senior unsecured note (CUSIP: 811065AA9) maturing 12/15/2016 has a coupon of 2.70% and is asking 99.845 cents on the dollar (2.733% yield-to-maturity before commissions). It pays interest semi-annually, has conditional puts for a change of control, and a make whole call. Moody’s currently rates the bond Baa1; S&P rates it A-. The note was originally offered at a price of 99.878, and the offer size was $500 million. The offer date was November 28, 2011.

If you are interested in purchasing any of these securities but are nervous about counterparty risk wreaking havoc on your portfolio, learn how to hedge individual bonds in, “Protect Your Income Portfolio With Cross-Asset Hedging.”

Please be aware that prices in the over-the-counter U.S. bond market may vary depending on the broker you use. The current prices may also differ greatly from those listed at the time this article was written. For additional call features on any of these notes, please contact your broker or read the indenture.

Also, please do your own due diligence on the financial profiles of the companies mentioned in this article. Only you can determine if taking the counterparty risk of purchasing individual bonds is suitable for you.

Source: 8 Newly Issued Short-Term Corporate Bonds