Bond Ford Credit 4.6% ( US34540TTK87 ) in USD

Issuer Ford Credit
Market price 100.5 %  ▲ 
Country  United States
ISIN code  US34540TTK87 ( in USD )
Interest rate 4.6% per year ( payment 2 times a year)
Maturity 20/06/2028 - Bond has expired



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Minimal amount 1 000 USD
Total amount 2 263 000 USD
Cusip 34540TTK8
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.

The financial markets recently observed the full repayment of a specific bond issuance from Ford Motor Credit Company, a significant entity in the automotive finance sector. This particular obligation, identified by ISIN US34540TTK87 and CUSIP 34540TTK8, has now reached its maturity date of June 20, 2028, and investors have received their principal back. Ford Motor Credit Company, a wholly-owned subsidiary of Ford Motor Company, stands as a critical component of the global automotive industry's financial infrastructure. Headquartered in the United States, its primary function is to provide financing for the sale of Ford vehicles to consumers and dealers worldwide, offering a broad spectrum of financial products and services. Its operations are instrumental in supporting Ford's sales volumes and managing its vast financial services portfolio. This bond, issued from the United States, carried an annual interest rate of 4.6%, with interest payments distributed semi-annually (twice per year) to bondholders. The total size of this particular issuance amounted to 2,263,000 units, with a minimum purchase size set at 1,000 units, likely denominated in USD, the bond's specified currency. While a historical market price of 100.5% in USD was noted, reflecting its trading value above par at some point, the definitive status of this bond is its maturity and repayment. As of its due date, the bond has been fully redeemed, signifying the successful conclusion of the debt instrument's lifecycle and the return of principal to bondholders.