Bulk ternary InAs 1Ày P y polycrystals with diameters up to 50 mm were grown from a pseudobinary InP-InAs melt using the vertical Bridgman technique. Electrical and optical properties were investigated as functions of alloy composition and sample temperature. As-grown undoped crystals have been found to exhibit n-type conductivity irrespective of alloy composition. Though the bulk InAs 1Ày P y substrates show high optical transmission out to long wavelengths as well as high carrier mobility, they exhibit random compositional fluctuations across the substrate area.