Bond Connecticu 5% ( US20772KDR77 ) in USD
Issuer | Connecticu |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 5% per year ( payment 2 times a year) |
Maturity | 15/09/2025 |
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Minimal amount | / |
Total amount | 20 000 000 USD |
Cusip | 20772KDR7 |
Next Coupon | 15/09/2025 ( In 54 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 analysis details a bond issuance from Connecticut, one of the 50 states within the United States, which serves as the issuer of this security. As a sovereign sub-entity, Connecticut frequently taps the capital markets to fund essential public services, infrastructure development, and various governmental programs, with its bonds typically backed by the full faith and credit of the state, reflecting a generally stable and reliable credit profile. The bond is identified by ISIN US20772KDR77 and CUSIP 20772KDR7. Denominated in USD, this fixed-income instrument offers an annual interest rate of 5%, with coupon payments disbursed semi-annually, corresponding to a payment frequency of two times per year. The total issuance size for this particular series stands at $20,000,000. Investors note that the bond is currently trading at 100% of its par value on the market, signifying it is priced at par. Its maturity date is fixed for September 15, 2025. |