Bond Connecticu 5% ( US207758A605 ) in USD

Issuer	Connecticu
Market price	100 % ▲
Country	United States
ISIN code	US207758A605 ( in USD )
Interest rate	5% per year ( payment 2 times a year)
Maturity	01/05/2040
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Minimal amount	/
Total amount	40 345 000 USD
Cusip	207758A60
Next Coupon	01/05/2026 ( In 83 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. The State of Connecticut, a sovereign entity within the United States, has issued a notable debt instrument identified by ISIN US207758A605 and CUSIP 207758A60, which is denominated in USD, features a 5% coupon interest rate with payments disbursed semi-annually, reflecting a standard structure for such fixed-income securities, with the total principal amount for this specific issuance standing at $40,345,000, and it is currently observed trading at 100% of its face value on the market, signaling par valuation, with investors holding this obligation able to expect its maturity on May 1, 2040, marking it as a long-term investment within the municipal bond market.