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ItalianoBond TVA Liens 0% ( US88059FAZ45 ) in USD
| Issuer | TVA Liens |
| Market price | 100 % ▲ |
| Country |  United States
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| ISIN code |
 US88059FAZ45 ( in USD )
|
| Interest rate | 0% |
| Maturity | 15/12/2017 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| Cusip | 88059FAZ4 |
| Detailed description |
TVA Bonds are instruments used by businesses to defer payment of Value Added Tax (VAT) owed to tax authorities, typically by providing a security or guarantee. An analysis of the bond identified by ISIN **US88059FAZ45** (CUSIP: **88059FAZ4**) details its characteristics as a zero-coupon debt instrument issued by **TVA Bonds**, representing the Tennessee Valley Authority, a U.S. government-owned corporation based in the United States. This bond, denominated in **USD**, featured a **0% interest rate** and reached its maturity on **December 15, 2017**. Consistent with its zero-coupon structure, the bond involved no periodic interest payments, with its sole payment event being the principal repayment upon maturity. The bond has successfully **matured and been fully redeemed**, with its market value at redemption recorded at **100% of its par value**, thereby concluding its lifecycle. |