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ItalianoBond Ford Credit 4.1% ( US34540TTS14 ) in USD
| Issuer | Ford Credit |
| Market price | 99.8 % ▼ |
| Country |  United States
|
| ISIN code |
 US34540TTS14 ( in USD )
|
| Interest rate | 4.1% per year ( payment 2 times a year) |
| Maturity | 20/09/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 USD |
| Total amount | / |
| Cusip | 34540TTS1 |
| 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. This financial review focuses on the now-matured bond identified by ISIN US34540TTS14 and CUSIP 34540TTS1, issued by Ford Motor Credit Company, a key player in the automotive finance sector and a wholly-owned subsidiary of Ford Motor Company primarily responsible for vehicle financing. Originating from the United States, this USD-denominated fixed-income instrument featured an annual coupon rate of 4.1%, paid semi-annually, and was available for purchase in a minimum lot size of 1,000 units. While its last reported market price before its expiration was 99.8% of par, it is important to note that this specific bond reached its scheduled maturity date on September 20, 2021, and has subsequently been fully repaid to its investors. |