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ItalianoBond America Bank 0% ( US06050TMH22 ) in USD
| Issuer | America Bank |
| Market price | 100 % ⇌ |
| Country |  United States
|
| ISIN code |
 US06050TMH22 ( in USD )
|
| Interest rate | 0% |
| Maturity | 28/08/2020 - Bond has expired |
|
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|
| Minimal amount | 250 000 USD |
| Total amount | 1 750 000 000 USD |
| Cusip | 06050TMH2 |
| Standard & Poor's ( S&P ) rating | N/A |
| Moody's rating | N/A |
| Detailed description |
Bank of America is a multinational investment bank and financial services corporation headquartered in Charlotte, North Carolina, offering a wide range of financial products and services to individual and corporate clients globally. An analysis of the bond market reveals a specific debt issuance by Bank of America, a prominent American multinational investment bank and financial services holding company, identified by ISIN US06050TMH22 and CUSIP 06050TMH2. This particular bond, issued from the United States, was part of a substantial offering totaling 1,750,000,000 USD, with a minimum investment threshold set at 250,000 USD. Notably, the instrument carried a 0% interest rate and, prior to its conclusion, was trading at a market price of 100% of its par value. With a scheduled payment frequency of two (semiannually), this obligation reached its maturity date on August 28, 2020, and has since been fully repaid, confirming the successful redemption of its principal to investors. |