Bond America Bank Corporation 2.25% ( US06048WRP76 ) in USD

Issuer	America Bank Corporation
Market price	99.825 % ▼
Country	United States
ISIN code	US06048WRP76 ( in USD )
Interest rate	2.25% per year ( payment 2 times a year)
Maturity	28/09/2022 - Bond has expired
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Minimal amount	1 000 USD
Total amount	/
Cusip	06048WRP7
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. This article provides details on a specific debt instrument, a bond, identified by ISIN code US06048WRP76 and CUSIP code 06048WRP7. The issuer of this bond was Bank of America Corporation, a prominent global financial institution based in the United States, offering a comprehensive range of banking, investing, asset management, and other financial and risk management products and services to individual consumers, small and middle-market businesses, and large corporations. This particular bond, denominated in USD and issued from the United States, carried a fixed coupon interest rate of 2.25%, with interest payments distributed semi-annually. The minimum purchase size for this instrument was 1,000 units. Although the bond previously traded on the market at a price of 99.825% of its par value, it is important to note that this debt obligation reached its scheduled maturity date on September 28, 2022, and has since been successfully redeemed and repaid to its bondholders, thereby fulfilling its terms.