Bond DTE Power 2.6% ( US233331BB29 ) in USD
Issuer | DTE Power |
Market price | 102.267 % ⇌ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 2.6% per year ( payment 2 times a year) |
Maturity | 15/06/2022 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | / |
Total amount | / |
Cusip | 233331BB2 |
Detailed description |
DTE Energy is a Detroit-based diversified energy company involved in electric and gas utilities, renewable energy, and energy services. An in-depth review of the US233331BB29 bond, also identified by its CUSIP 233331BB2, highlights key characteristics of this debt instrument issued by DTE Energy, a diversified energy company based in the United States. DTE Energy primarily engages in the generation, distribution, and sale of electricity and natural gas, serving millions of customers and playing a significant role within the US utility sector. This particular fixed-income security, denominated in US Dollars, featured an annual interest rate of 2.6% with payments distributed semi-annually, providing consistent income to its holders. Prior to its expiration, the bond was observed trading on the market at a premium, specifically at 102.267% of its face value, reflecting prevailing market conditions and investor confidence. The bond reached its scheduled maturity date on June 15, 2022, and has since been fully redeemed and repaid, concluding its lifecycle as an outstanding debt obligation. |