Bond America Bank Corporation 0% ( US06053Y4623 ) in USD

Issuer	America Bank Corporation
Market price	100 % ⇌
Country	United States
ISIN code	US06053Y4623 ( in USD )
Interest rate	0%
Maturity	26/01/2018 - Bond has expired
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Minimal amount	10 USD
Total amount	44 222 000 USD
Cusip	06053Y462
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. A recently matured bond issuance by Bank of America Corporation, a leading global financial institution headquartered in the United States, concluded its lifecycle with full repayment to investors. This fixed-income instrument, identified by ISIN Code US06053Y4623 and CUSIP Code 06053Y462, reached its maturity date on January 26, 2018. The bond, denominated in USD, had an initial total issuance size of 44,222,000 units, with a minimum purchase size set at 10 units. Notably, the bond carried an interest rate of 0% and was characterized by a payment frequency of 2, reflecting its specific structural design. At the point of its maturity, the bond's market price stood at 100% of its face value, culminating in its successful redemption and ceasing its existence as an active traded security.