Bond America Bank Corporation 0% ( US06054B3969 ) in USD

Issuer	America Bank Corporation
Market price	100 % ⇌
Country	United States
ISIN code	US06054B3969 ( in USD )
Interest rate	0%
Maturity	31/08/2018 - Bond has expired
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Minimal amount	1 000 USD
Total amount	72 914 000 USD
Cusip	06054B396
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 specific fixed-income instrument, identified by ISIN US06054B3969 and CUSIP 06054B396, was issued by Bank of America Corporation, a prominent financial institution headquartered in the United States, renowned for its extensive range of banking, investing, asset management, and other financial and risk management products and services provided to individual consumers, small and middle-market businesses, and large corporations globally. This particular bond, denominated in USD, had an original total issue size of 72,914,000, with a minimum purchase amount set at 1,000 units. Notably, this instrument was structured with a 0% interest rate, and while its payment frequency was indicated as twice annually, its defining characteristic was its maturity on August 31, 2018; upon reaching this maturity date, the bond, which had been trading at 100% of its par value, was successfully repaid to investors, marking its conclusion in the market.