Bond United American States 0% ( US912797HW08 ) in USD
Issuer | United American States |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 26/12/2023 - Bond has expired |
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 | 221 871 998 600 USD |
Cusip | 912797HW0 |
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 analysis of a specific debt instrument, identified by the International Securities Identification Number (ISIN) US912797HW08 and CUSIP US912797HW0, reveals a bond issued by the United States of America, a paramount sovereign entity in the global financial landscape. The United States, recognized as the world's largest economy and the country of issuance for this security, serves as the issuer of a vast array of debt instruments, commonly known as U.S. Treasuries, which are widely considered to be among the most secure investments globally due to the full faith and credit backing of the U.S. government. These instruments are foundational to international capital markets, acting as critical benchmarks for interest rates and key components in the portfolios of central banks, institutional investors, and private entities worldwide. This particular obligation, denominated in U.S. Dollars (USD), represented a substantial issuance with a total aggregate principal amount reaching $221,871,998,600. A distinctive feature of this bond was its stated interest rate of 0%, indicating it functioned as a zero-coupon instrument, such as a Treasury Bill or a zero-coupon bond. For such securities, the return to investors is not generated through periodic coupon payments but rather from the difference between the discounted price at which the bond is initially acquired and its par value received upon maturity. This specific instrument reached its scheduled maturity date on December 26, 2023, and was redeemed at 100% of its face value, reflecting its full repayment to holders. Although a payment frequency of two was indicated, for an instrument with a 0% interest rate, the investor's gain typically stems solely from its purchase at a discount and subsequent redemption at par, signifying the successful fulfillment of the issuer's financial commitment. |