Bond Connecticu 5% ( US20772JY308 ) in USD

Issuer	Connecticu
Market price	100 % ▲
Country	United States
ISIN code	US20772JY308 ( in USD )
Interest rate	5% per year ( payment 2 times a year)
Maturity	15/05/2024 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	45 000 000 USD
Cusip	20772JY30
Detailed description	Connecticut is a New England state known for its diverse coastline, historic cities like Hartford and New Haven, and a strong economy driven by insurance, finance, and higher education. An in-depth review of the recently matured fixed-income instrument, identified by ISIN US20772JY308 and CUSIP 20772JY30, reveals its issuance by the State of Connecticut, a prominent and established sovereign entity within the United States. As one of the nation's original thirteen states, Connecticut routinely accesses capital markets to fund essential public services and infrastructure projects, with its bonds generally viewed favorably by investors due to the state's taxing authority and economic stability. This specific bond, denominated in USD, carried a fixed annual interest rate of 5%, disbursed through semi-annual payments, and represented a total issuance size of $45,000,000. It successfully reached its scheduled maturity date on May 15, 2024, at which point it was fully redeemed at par, equivalent to 100% of its face value, thereby completing its lifecycle and fulfilling the issuer's financial obligation to bondholders.