Bond IBN 0.95% ( XS1617845083 ) in EUR

Issuer	IBN
Market price	100 % ⇌
Country	United States
ISIN code	XS1617845083 ( in EUR )
Interest rate	0.95% per year ( payment 1 time a year)
Maturity	23/05/2025 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	1 000 000 000 EUR
Detailed description	IBM is a multinational technology company offering consulting, cloud computing, and cognitive solutions, among other services and products. An in-depth review of a specific debt instrument reveals the characteristics of an IBM-issued bond, identified by ISIN XS1617845083. International Business Machines Corporation, commonly known as IBM, stands as a venerable global technology and consulting company, a leader in areas such as artificial intelligence, cloud computing, and enterprise software, making its debt offerings generally attractive to a wide range of investors seeking stability and exposure to the tech sector. This particular obligation, denominated in EUR, was issued from the United States and carried an annual interest rate of 0.95%. The total size of this issuance was substantial, reaching EUR 1,000,000,000, with a minimum purchase size set at EUR 100,000, catering to institutional investors or high-net-worth individuals. Initially set to mature on May 23, 2025, with interest payments made annually, the bond concluded its lifecycle by trading at 100% of its face value upon reaching its maturity. Importantly, this bond has now successfully matured and been fully repaid to its bondholders, concluding its journey in the financial markets as a fulfilled obligation from a leading corporate entity.