Bond General Electric Finance 2.2% ( US36164NFE04 ) in USD
Issuer | General Electric Finance | ||
Market price | 100 % ⇌ | ||
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ISIN code |
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Interest rate | 2.2% per year ( payment 2 times a year) | ||
Maturity | 09/01/2020 - Bond has expired | ||
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Minimal amount | / | ||
Total amount | / | ||
Cusip | 36164NFE0 | ||
Detailed description |
General Electric Capital was the financial services division of General Electric, offering a range of commercial lending, leasing, and insurance products before its restructuring and eventual divestiture. The US36164NFE04 bond, identified by CUSIP 36164NFE0, was a USD-denominated obligation issued from the United States by General Electric Capital, the historically expansive financial services arm of General Electric that has undergone significant strategic restructuring and divestitures in recent years to focus on industrial operations and mitigate systemic risk; this instrument, which carried a 2.2% interest rate with semi-annual payments, fully matured and was redeemed at its 100% par value on January 9, 2020. |