Bond Connecticu 5% ( US20772KAW99 ) in USD

Issuer	Connecticu
Market price	100 % ▲
Country	United States
ISIN code	US20772KAW99 ( in USD )
Interest rate	5% per year ( payment 2 times a year)
Maturity	15/04/2029
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	12 500 000 USD
Cusip	20772KAW9
Next Coupon	15/04/2026 ( In 67 days )
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. This financial article provides a detailed overview of a specific fixed-income instrument: a bond issued by the State of Connecticut. The State of Connecticut, located in the New England region of the United States, is a politically and economically stable entity with a diversified economy encompassing finance, insurance, manufacturing, and healthcare, backing its public debt with its full faith and credit and general taxing authority. The bond itself is classified as an obligation, serving as a debt security where the State commits to regular interest payments and repayment of the principal amount at maturity. It is distinctly identified by its International Securities Identification Number (ISIN) US20772KAW99 and its Committee on Uniform Securities Identification Procedures (CUSIP) code 20772KAW9, facilitating its recognition and trading within global and North American financial markets. Issued within the United States, the bond is denominated in United States Dollars (USD) and currently trades on the market at 100% of its par value, indicating it is priced at par. It offers an annual interest rate, or coupon, of 5%, with interest payments disbursed semi-annually, reflecting the specified payment frequency of two times per year. The total size of this particular bond issue is $12,500,000, representing the aggregate principal amount raised, and its maturity date is set for April 15, 2029, at which point the principal will be repaid to the bondholders.