Bond United American States 0% ( US912797HK69 ) in USD
Issuer | United American States |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 14/11/2023 - Bond has expired |
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Minimal amount | / |
Total amount | / |
Cusip | 912797HK6 |
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. An informative review of a recently matured debt instrument details a bond, identified by ISIN US912797HK69 and CUSIP 912797HK6, that was issued by the United States of America, a sovereign entity widely recognized as the world's largest economy and a cornerstone of global financial markets through its Treasury Department, which is responsible for managing the nation's public debt; originating from the United States and denominated in USD, this specific obligation carried a 0% interest rate, designating it as a zero-coupon bond where any return was realized at maturity rather than through periodic coupon payments, despite a reported payment frequency of 2, and concluded its lifecycle by reaching maturity on November 14, 2023, at a market price of 100%, thereby confirming its full and timely redemption. |