Bond General Electric Finance 2.185% ( XS0257884352 ) in JPY
Issuer | General Electric Finance |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 2.185% per year ( payment 1 time a year) |
Maturity | 20/06/2016 - Bond has expired |
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Minimal amount | 25 000 000 JPY |
Total amount | 20 000 000 000 JPY |
Detailed description |
General Electric Capital was the financial services division of General Electric, offering a range of commercial lending, leasing, and insurance products before its restructuring and eventual divestiture. This financial article provides an overview of a specific bond issuance, identified by its ISIN code XS0257884352, which has successfully reached its maturity and been fully redeemed. The bond was issued by General Electric Capital, historically a major financial services arm of the multinational conglomerate General Electric, renowned for its extensive operations in diverse financial sectors including commercial lending, leasing, and consumer finance before undergoing significant restructuring. Originating from the United States, this particular bond was denominated in Japanese Yen (JPY) and carried an annual interest rate, or coupon, of 2.185%. The total size of this issuance was JPY 20,000,000,000, with a minimum investment threshold set at JPY 25,000,000 per purchase, and interest payments occurring annually. Bearing a maturity date of June 20, 2016, the bond concluded its lifecycle by being redeemed at 100% of its par value, indicating that the principal was fully repaid to investors upon its scheduled maturity. |