Bond Connecticu 5% ( US207758G727 ) in USD

Issuer	Connecticu
Market price	100 % ▲
Country	United States
ISIN code	US207758G727 ( in USD )
Interest rate	5% per year ( payment 2 times a year)
Maturity	01/11/2033
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Minimal amount	/
Total amount	25 975 000 USD
Cusip	207758G72
Next Coupon	01/11/2025 ( In 101 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. A fixed-income instrument, specifically an obligation with ISIN US207758G727 and CUSIP 207758G72, has been issued by the State of Connecticut, a significant and established entity within the United States' municipal bond market. The State of Connecticut, located in the northeastern United States, is an experienced sovereign issuer, with its economic profile underpinned by a diverse array of sectors including finance and insurance, advanced manufacturing (notably aerospace and defense), and a robust higher education system, all contributing to its tax base and capacity to meet financial obligations. This particular bond, issued in the United States and denominated in USD, features a stated interest rate of 5% and is set to mature on November 1, 2033, with interest payments scheduled semi-annually, consistent with a payment frequency of two times per year. The total size of this bond issuance amounts to $25,975,000, and it is currently quoted on the market at 100% of its face value, reflecting a par valuation at present. This offering represents an opportunity for investors to access a debt instrument backed by the full faith and credit of a U.S. state, providing a predictable income stream until its ultimate redemption.