Bond Ford Credit 3.3% ( US34540TJC71 ) in USD

Issuer Ford Credit
Market price 100 %  ⇌ 
Country  United States
ISIN code  US34540TJC71 ( in USD )
Interest rate 3.3% per year ( payment 2 times a year)
Maturity 20/02/2025 - Bond has expired



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Minimal amount 1 000 USD
Total amount 4 138 000 USD
Cusip 34540TJC7
Standard & Poor's ( S&P ) rating BB+ ( Non-investment grade speculative )
Moody's rating Ba2 ( Non-investment grade speculative )
Detailed description Ford Motor Credit Company (FMC) is a captive finance subsidiary of Ford Motor Company providing financial products and services, including vehicle financing and leasing, to Ford and Lincoln brand customers.

An analysis of the debt instrument identified by ISIN US34540TJC71 and CUSIP 34540TJC7, issued by Ford Motor Credit Company, reveals key insights into its structure and recent performance. Ford Motor Credit Company, a wholly-owned financial services subsidiary of Ford Motor Company, is a pivotal entity in the automotive sector, primarily responsible for providing financing to Ford dealerships and customers globally, thereby facilitating the sale and leasing of Ford vehicles. As a captive finance arm, its operations are intricately linked to the parent company's sales volume and market presence, playing a critical role in supporting Ford's automotive sales. This particular bond, originating from the United States, featured a fixed annual interest rate of 3.3%, with interest payments distributed bi-annually, reflecting a payment frequency of 2. The total size of the issuance was notably 4,138,000 USD, designed to be accessible to a range of investors with a minimum purchase requirement of 1,000 USD. A significant development for this bond is its recent maturity on February 20, 2025, at which point it was fully repaid. The market price at maturity stood at 100%, indicating that bondholders received the full principal amount as expected, a testament to the issuer's fulfillment of its financial commitments. The bond's creditworthiness was independently assessed by leading rating agencies: Standard & Poor's assigned it a 'BB+' rating, while Moody's rated it 'Ba2'. Both of these ratings fall into the non-investment grade or 'speculative' category, signifying that while the issuer has an adequate capacity to meet its financial obligations, it may face greater susceptibility to adverse economic conditions or changes in the operating environment compared to investment-grade entities. This implies a potentially higher risk profile for investors, typically compensated by a comparatively higher yield in the market, although this specific bond has now successfully concluded its lifecycle with its principal redemption.