Bond BWM 2.4% ( USN1453LAB47 ) in USD

Issuer	BWM
Market price	100 % ▲
Country	Germany
ISIN code	USN1453LAB47 ( in USD )
Interest rate	2.4% per year ( payment 2 times a year)
Maturity	13/08/2024 - Bond has expired
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Minimal amount	200 000 USD
Total amount	500 000 000 USD
Cusip	N1453LAB4
Standard & Poor's ( S&P ) rating	A ( Upper medium grade - Investment-grade )
Moody's rating	N/A
Detailed description	BMW, a German multinational company, manufactures automobiles, motorcycles, and engines, and provides financial services. This financial analysis details a bond (ISIN: USN1453LAB47; CUSIP: N1453LAB4) issued by BMW, the renowned German multinational automotive and motorcycle manufacturer headquartered in Munich, which offered a 2.4% interest rate in USD, was part of a $500,000,000 total issue size with a minimum purchase of $200,000, originated in Germany, and held an 'A' rating from Standard & Poor's, having paid interest semi-annually and been priced at 100% on the market before successfully maturing and being fully repaid on August 13, 2024.