Bond BNY Mellon & Co. 3.95% ( US06406HCQ02 ) in USD

Issuer	BNY Mellon & Co.
Market price	100 % ▲
Country	United States
ISIN code	US06406HCQ02 ( in USD )
Interest rate	3.95% per year ( payment 2 times a year)
Maturity	18/11/2025 - Bond has expired
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Minimal amount	1 000 USD
Total amount	400 000 000 USD
Cusip	06406HCQ0
Standard & Poor's ( S&P ) rating	A ( Upper medium grade - Investment-grade )
Moody's rating	A1 ( Upper medium grade - Investment-grade )
Detailed description	BNY Mellon is a global investment management and financial services corporation offering a wide range of services including asset servicing, investment management, and treasury services to institutional and high-net-worth clients worldwide. This financial article details the US06406HCQ02 bond, identifiable by its CUSIP 06406HCQ0, an obligation issued by The Bank of New York Mellon Corporation (BNY Mellon). BNY Mellon, a prominent American worldwide banking and financial services corporation, stands as one of the globe's largest custodian banks and securities services providers, specializing in managing and servicing the financial assets of institutions and high-net-worth individuals. This particular bond, denominated in US Dollars and originating from the United States, currently commands a market price of 100% of its face value, indicating it is trading at par. It features a fixed interest rate of 3.95% and is part of a total issuance valued at $400,000,000. Investors can acquire this bond with a minimum purchase size of $1,000. The instrument carries a maturity date of November 18, 2025, and its coupon payments are structured with a frequency of two times per year, signifying semi-annual distributions. The credit quality of this bond is robust, evidenced by its investment-grade ratings from leading agencies: an 'A' rating from Standard & Poor's and an 'A1' rating from Moody's, reflecting BNY Mellon's strong financial standing.