Bond Connecticu 5% ( US207758VB64 ) in USD
Issuer | Connecticu |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 5% per year ( payment 2 times a year) |
Maturity | 01/08/2024 - Bond has expired |
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Minimal amount | / |
Total amount | 12 045 000 USD |
Cusip | 207758VB6 |
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 article details a particular bond issuance, officially identified by ISIN US207758VB64 and CUSIP 207758VB6, which was originated by the State of Connecticut, a prominent governmental entity within the United States renowned for its active participation in the municipal bond market to finance its public infrastructure and operational needs, an obligation that bore a fixed annual interest rate of 5% on a total issue size of $12,045,000, denominated in U.S. Dollars (USD), with interest payments distributed to investors twice annually, and which, having reached its specified maturity date of August 1, 2024, was subsequently redeemed at its full par value of 100% on the market, thereby successfully concluding its financial lifecycle and fulfilling all commitments to its bondholders. |