Bond Connecticu 4% ( US20772KPR40 ) in USD

Issuer	Connecticu
Market price	100 % ▲
Country	United States
ISIN code	US20772KPR40 ( in USD )
Interest rate	4% per year ( payment 2 times a year)
Maturity	15/01/2035
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Minimal amount	/
Total amount	20 000 000 USD
Cusip	20772KPR4
Next Coupon	15/01/2026 ( In 175 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 specific fixed-income instrument issued by the State of Connecticut, a constituent state of the United States. Identified by its ISIN US20772KPR40 and CUSIP 20772KPR4, this obligation is a direct issuance from Connecticut, which, as a sovereign entity within the U.S. federal system, regularly accesses capital markets to finance public projects, infrastructure development, and general governmental operations. The credit profile of such an issuer is typically evaluated based on its economic stability, tax revenue base, fiscal management policies, and overall budgetary health, offering investors a stake in the state's financial integrity and long-term economic prospects. This particular bond, denominated in United States Dollars (USD), represents a total issuance size of USD 20,000,000. It features a fixed annual interest rate of 4%, with coupon payments disbursed on a semi-annual basis, a common frequency for municipal bonds. The bond is set to mature on January 15, 2035, at which point the principal will be repaid to the bondholders. Currently, the instrument is trading at 100% of its par value on the market, implying that its yield to maturity is equal to its coupon rate of 4%, reflecting the market's present assessment of its risk and returns relative to prevailing interest rates. Originating from the United States, this bond adheres to the regulatory framework and market standards of the U.S. financial system.