Bond Ford Credit 4% ( US34540TTH58 ) in USD
| Issuer | Ford Credit | ||
| Market price | 100 % ▲ | ||
| Country | United States
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| ISIN code |
US34540TTH58 ( in USD )
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| Interest rate | 4% per year ( payment 2 times a year) | ||
| Maturity | 20/06/2023 - Bond has expired | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 4 433 000 USD | ||
| Cusip | 34540TTH5 | ||
| Standard & Poor's ( S&P ) rating | N/A | ||
| Moody's rating | N/A | ||
| 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. A recent financial review of a specific debt instrument focuses on a now-matured bond, identified by ISIN US34540TTH58 and CUSIP 34540TTH5. This bond was issued by Ford Motor Credit Company, a wholly-owned financial services subsidiary of Ford Motor Company, which plays a pivotal role in providing financing for automotive products and services, thereby supporting its parent company's sales and dealer network. Originating from the United States, this fixed-income security was denominated in US Dollars (USD) and carried an annual interest rate of 4%, with payments distributed semi-annually. The total issuance size for this instrument amounted to 4,433,000 USD, with a minimum purchase size set at 1,000 USD. The key characteristic for this particular bond is its status as a fully matured and reimbursed security; having reached its scheduled maturity date of June 20, 2023, the bond was successfully redeemed at its par value of 100%, signifying that all principal and accrued interest were fully repaid to bondholders, thereby fulfilling the issuer's obligations for this specific debt security. |
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