Bond Bank of America 5.425% ( US06051GMB22 ) in USD
| Issuer | Bank of America | ||||||||||||||||||||||||||||||||||||||
| Market price | |||||||||||||||||||||||||||||||||||||||
| Country | United States
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| ISIN code |
US06051GMB22 ( in USD )
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| Interest rate | 5.425% per year ( payment 2 times a year) | ||||||||||||||||||||||||||||||||||||||
| Maturity | 15/08/2035 | ||||||||||||||||||||||||||||||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 2 000 USD | ||||||||||||||||||||||||||||||||||||||
| Total amount | 2 500 000 000 USD | ||||||||||||||||||||||||||||||||||||||
| Cusip | 06051GMB2 | ||||||||||||||||||||||||||||||||||||||
| Standard & Poor's ( S&P ) rating | BBB+ ( Lower medium grade - Investment-grade ) | ||||||||||||||||||||||||||||||||||||||
| Moody's rating | A3 ( Upper medium grade - Investment-grade ) | ||||||||||||||||||||||||||||||||||||||
| Next Coupon | 15/02/2027 ( In 173 days ) | ||||||||||||||||||||||||||||||||||||||
| Detailed description |
Bank of America is a multinational investment bank and financial services corporation headquartered in Charlotte, North Carolina, offering a wide range of financial products and services to individual and corporate clients globally. Investors are currently evaluating a bond offering issued by Bank of America, a prominent global financial institution based in the United States. This specific debt instrument, bearing ISIN US06051GMB22 and CUSIP 06051GMB2, presents a fixed annual coupon rate of 5.425%, with interest payments occurring semi-annually, and is denominated in USD. With a maturity date set for August 15, 2035, the total issuance size of this bond is $2,500,000,000, with a minimum purchase amount of $2,000. Currently, the bond is trading at 97.861% of its par value on the secondary market. Its credit quality is affirmed by ratings of BBB+ from Standard & Poor's and A3 from Moody's. |
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