Bond Connecticu 5% ( US20775YEW21 ) in USD

Issuer	Connecticu
Market price	100 % ▲
Country	United States
ISIN code	US20775YEW21 ( in USD )
Interest rate	5% per year ( payment 2 times a year)
Maturity	01/02/2035
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	7 475 000 USD
Cusip	20775YEW2
Next Coupon	01/08/2026 ( In 175 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 notable fixed income instrument, specifically a bond, issued by the State of Connecticut, is drawing attention in the U.S. municipal bond market. This obligation, identified by ISIN US20775YEW21 and CUSIP 20775YEW2, originates from the United States and represents a debt security of Connecticut, a prominent U.S. state located in the New England region, recognized for its diverse economy encompassing finance, insurance, and manufacturing, and its established track record as a consistent municipal bond issuer. Denominated in U.S. Dollars (USD), the bond features an annual coupon interest rate of 5%, with coupon payments structured to occur semi-annually, providing regular income to investors. The bond's maturity date is set for February 1, 2035, offering a defined repayment horizon. With a total issue size amounting to USD 7,475,000, this particular tranche contributes to the state's overall debt financing. Currently, the bond is trading at 100% of its face value on the market, signifying that it is priced at par, and implying that its yield to maturity, for an investor holding until redemption, aligns closely with its stated coupon rate, assuming no other costs or premiums. This offering from the State of Connecticut provides a clear and transparent investment opportunity within the highly liquid and diversified U.S. debt markets.