Bond America Bank 0% ( US59018SQ232 ) in USD

Issuer America Bank
Market price 100 %  ▲ 
Country  United States
ISIN code  US59018SQ232 ( in USD )
Interest rate 0%
Maturity 25/09/2018 - Bond has expired



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Minimal amount 1 000 USD
Total amount 100 000 000 USD
Cusip 59018SQ23
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
Detailed description Bank of America is a multinational investment bank and financial services corporation headquartered in Charlotte, North Carolina, offering a wide range of financial products and services to individual and corporate clients globally.

This report details a matured bond instrument, identified by ISIN US59018SQ232 and CUSIP 59018SQ23, which was issued by Bank of America. Bank of America, a prominent American multinational investment bank and financial services company headquartered in Charlotte, North Carolina, stands as one of the largest financial institutions in the United States and globally, providing a comprehensive array of banking, investing, asset management, and other financial products and services to individuals, businesses, and institutional clients. The bond, denominated in USD and issued from the United States, had a total issuance size of $100,000,000, with a minimum purchase size set at $1,000. Notably, this bond featured a 0% interest rate, indicating its nature as a zero-coupon instrument typically issued at a discount and redeemed at par, and had a stated payment frequency of 2. The bond reached its definitive maturity on September 25, 2018, and was subsequently fully redeemed at 100% of its face value, concluding its lifecycle as a financial instrument.