Bond Connecticu 5% ( US20772KUP29 ) in USD

Issuer Connecticu
Market price 100 %  ▲ 
Country  United States
ISIN code  US20772KUP29 ( in USD )
Interest rate 5% per year ( payment 2 times a year)
Maturity 01/08/2025 - Bond has expired



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Minimal amount /
Total amount 28 180 000 USD
Cusip 20772KUP2
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 instrument is an obligation, specifically a bond, issued by the State of Connecticut, a prominent sovereign entity within the United States, recognized for its established presence in the U.S. municipal bond market and its diverse regional economy. Identified by ISIN US20772KUP29 and CUSIP 20772KUP2, this USD-denominated bond carries a fixed annual interest rate of 5%, with interest payments distributed semi-annually, reflecting a payment frequency of two times per year. The total issuance size for this bond is $28,180,000, and it is currently trading at 100% of its par value on the market, with a maturity date scheduled for August 1, 2025.