Bond Australia Commonwealth Bank 3.35% ( US2027A1KB26 ) in USD

Issuer Australia Commonwealth Bank
Market price 100 %  ▲ 
Country  Australia
ISIN code  US2027A1KB26 ( in USD )
Interest rate 3.35% per year ( payment 2 times a year)
Maturity 03/06/2024 - Bond has expired



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Minimal amount 2 000 USD
Total amount 750 000 000 USD
Cusip 2027A1KB2
Standard & Poor's ( S&P ) rating AA- ( High grade - Investment-grade )
Moody's rating Aa3 ( High grade - Investment-grade )
Detailed description The Commonwealth Bank of Australia is Australia's largest publicly listed company by market capitalization, offering a wide range of financial services including retail banking, institutional banking, wealth management, and superannuation.

A recently matured financial instrument, the US2027A1KB26 bond (CUSIP: 2027A1KB2), issued by the Commonwealth Bank of Australia, a prominent financial institution headquartered in Australia, has successfully concluded its lifecycle, having reached its maturity date on June 3, 2024, and subsequently been redeemed at par, reflecting its 100% market price at the time of redemption. This particular bond, denominated in USD, carried an annual interest rate of 3.35% and was part of a total issuance valued at $750,000,000, with a minimum purchase increment set at $2,000. Interest payments were structured on a semi-annual basis. Throughout its tenure, the bond benefited from strong credit ratings, being assessed at AA- by Standard & Poor's (S&P) and Aa3 by Moody's, underscoring the issuer's robust financial standing and creditworthiness.