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ItalianoBond Connecticu 5% ( US20775YBV74 ) in USD
| Issuer | Connecticu |
| Market price | 100 % ▲ |
| Country |  United States
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| ISIN code |
 US20775YBV74 ( in USD )
|
| Interest rate | 5% per year ( payment 2 times a year) |
| Maturity | 01/03/2024 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | 9 175 000 USD |
| Cusip | 20775YBV7 |
| 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 bond, identified by ISIN US20775YBV74 and CUSIP 20775YBV7, recently concluded its lifecycle, having been issued by the State of Connecticut. As a constituent of the United States, Connecticut functions as a sovereign issuer within the U.S. federal system, leveraging its taxation powers and economic base to support its debt obligations. The state's economic profile is characterized by robust financial services, insurance, advanced manufacturing, and a skilled workforce, underpinning its capacity to meet its financial commitments. This particular debt instrument, denominated in USD, featured a fixed annual interest rate of 5%, with interest payments disbursed semi-annually to investors. The total principal amount of this specific issuance was 9,175,000. It reached its scheduled maturity date on March 1, 2024, at which point the bond was redeemed at its full par value of 100%, signifying the successful and timely fulfillment of the issuer's obligation to its bondholders. |