Bond BNY Mellon & Co. 1.65% ( US06406RAR84 ) in USD

Issuer	BNY Mellon & Co.
Market price	88.187 % ▼
Country	United States
ISIN code	US06406RAR84 ( in USD )
Interest rate	1.65% per year ( payment 2 times a year)
Maturity	28/01/2031
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 USD
Total amount	500 000 000 USD
Cusip	06406RAR8
Standard & Poor's ( S&P ) rating	A ( Upper medium grade - Investment-grade )
Moody's rating	Aa3 ( High grade - Investment-grade )
Next Coupon	28/07/2026 ( In 68 days )
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. The fixed-income market features a notable debt instrument issued by The Bank of New York Mellon Corporation (BNY Mellon), a preeminent global investment company headquartered in the United States. As one of the world's largest custodian banks and a leading asset manager, BNY Mellon provides a comprehensive suite of financial services, including investment management, investment servicing, and wealth management, catering to a diverse client base of institutions, corporations, and high-net-worth individuals worldwide, underscoring its pivotal role in the global financial ecosystem. This specific bond, identified by ISIN US06406RAR84 and CUSIP 06406RAR8, was issued in the United States. It carries a fixed interest rate of 1.65% and is scheduled to mature on January 28, 2031, with interest payments structured to occur semi-annually. The total issuance size for this security is $500,000,000, with a minimum purchase threshold set at $1,000, making it accessible for various investor profiles. As of current market valuations, the bond is trading at 86.282% of its par value in USD, a price reflecting prevailing market dynamics where current yields for comparable fixed-income instruments or credit qualities may exceed the bond's stated coupon rate. The creditworthiness of this issuance is affirmed by strong investment-grade ratings from leading agencies: Standard & Poor's (S&P) has assigned an 'A' rating, while Moody's has provided an 'Aa3' rating. These assessments reflect BNY Mellon's robust financial health and its strong capacity to fulfill its debt obligations, making this bond an important consideration for investors seeking exposure to a stable, well-rated financial sector entity.