Bond America Bank Corporation 2.5% ( US06048WJ768 ) in USD

Issuer	America Bank Corporation
Market price	100 % ▲
Country	United States
ISIN code	US06048WJ768 ( in USD )
Interest rate	2.5% per year ( payment 2 times a year)
Maturity	16/03/2035
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Minimal amount	1 000 USD
Total amount	5 000 000 USD
Cusip	06048WJ76
Standard & Poor's ( S&P ) rating	A- ( Upper medium grade - Investment-grade )
Moody's rating	A1 ( Upper medium grade - Investment-grade )
Next Coupon	16/09/2025 ( In 46 days )
Detailed description	Bank of America Corporation is a multinational financial services corporation headquartered in Charlotte, North Carolina, offering a wide range of financial products and services to individuals, small businesses, and large corporations worldwide. Bank of America Corporation, a prominent American multinational investment bank and financial services holding company, has issued a notable debt instrument, identified by ISIN US06048WJ768 (CUSIP: 06048WJ76), which is currently trading at 100% of its face value in USD. This bond carries a 2.5% annual coupon rate, payable semi-annually, and is set to mature on March 16, 2035. The total issuance volume for this particular offering amounts to $5,000,000, with a minimum purchase size of $1,000. Reflecting the issuer's strong financial standing and its origin in the United States, the bond holds an A- credit rating from Standard & Poor's and an A1 rating from Moody's, indicating its investment-grade quality.