Bond America Bank 4.271% ( US06051GHM42 ) in USD

Issuer	America Bank
Market price	99.3 % ▲
Country	United States
ISIN code	US06051GHM42 ( in USD )
Interest rate	4.271% per year ( payment 2 times a year)
Maturity	22/07/2029
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Minimal amount	2 000 USD
Total amount	3 000 000 000 USD
Cusip	06051GHM4
Standard & Poor's ( S&P ) rating	A- ( Upper medium grade - Investment-grade )
Moody's rating	A1 ( Upper medium grade - Investment-grade )
Next Coupon	23/01/2026 ( In 159 days )
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. This financial analysis details a specific fixed-income security, an obligation issued by Bank of America, identified by ISIN US06051GHM42 and CUSIP 06051GHM4. The bond, denominated in USD and issued from the United States, currently trades on the market at a price of 99.3% of its par value, reflecting current market conditions. It features an annual interest rate of 4.271% with semi-annual payments, equating to a payment frequency of 2 per year. The bond is set to mature on July 22, 2029. This particular issue represents a total offering size of 3,000,000,000 USD, with a minimum purchase threshold for investors established at 2,000 USD. Bank of America, the issuer, stands as a leading global financial institution headquartered in the United States, recognized as one of the "Big Four" U.S. banks. Its operations encompass a vast range of banking, investing, asset management, and other financial and risk management products and services, serving a diverse client base from individual consumers to large corporations worldwide. The bank's extensive and diversified business model provides a solid foundation for the creditworthiness of its debt instruments. The credit quality of this specific bond is further affirmed by ratings from prominent agencies: Standard & Poor's (S&P) has assigned it an A- rating, while Moody's has rated it A1, both indicating a strong capacity for the issuer to meet its financial obligations and positioning this bond firmly within the investment-grade category, reflecting the issuer's sound financial standing and market reputation.