Bond United American States 0% ( US912796M895 ) in USD
Issuer | United American States |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 06/10/2022 - Bond has expired |
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Minimal amount | 100 USD |
Total amount | 139 963 637 700 USD |
Cusip | 912796M89 |
Standard & Poor's ( S&P ) rating | N/A |
Moody's rating | N/A |
Detailed description |
The United States of America is a federal republic comprising fifty states, a federal district, five major self-governing territories, and several minor possessions, with a diverse population and a highly developed economy. This article presents a detailed overview of a recently matured debt instrument issued by the United States of America. Identified by its ISIN US912796M895 and CUSIP 912796M89, this security type was an obligation, or bond, issued by the sovereign entity of the United States of America, the nation with the world's largest economy and a global financial benchmark. The U.S. government, through its Treasury Department, issues debt securities widely regarded as the safest assets globally, underpinned by its full faith and credit, playing a pivotal role in international finance and serving as a risk-free rate for various financial models. This particular bond, denominated in United States Dollars (USD), featured a stated interest rate of 0%, characterizing it as a zero-coupon instrument where the return for investors was realized through the difference between its discounted purchase price and its par value at maturity. The total issue size for this bond was significant, amounting to 139,963,637,700 USD, with a minimum purchase amount set at 100 USD. The bond reached its full maturity on October 6, 2022. At the point of its maturity, the market price stood at 100% of its face value, indicating its full redemption. While a payment frequency of '2' is commonly associated with semi-annual coupon distributions for interest-bearing bonds, for this zero-coupon instrument, it refers to standard market conventions for yield calculations or reporting rather than periodic cash disbursements. The bond has successfully matured and its principal has been fully repaid to its holders. |