Bond General Electric Co. 0% ( US369622DS10 ) in USD
Issuer | General Electric Co. |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 01/10/2053 |
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Minimal amount | 1 000 USD |
Total amount | 25 000 000 USD |
Cusip | 369622DS1 |
Standard & Poor's ( S&P ) rating | BBB+ ( Lower medium grade - Investment-grade ) |
Moody's rating | Baa1 ( Lower medium grade - Investment-grade ) |
Detailed description |
General Electric (GE) is a multinational conglomerate corporation operating in various sectors including aviation, healthcare, power, and renewable energy. **Analysis of General Electric's US369622DS10 Bond Issuance** This financial article provides an detailed overview of a specific bond issued by General Electric (GE), identified by its ISIN US369622DS10 and CUSIP 369622DS1. This bond, denominated in US Dollars, was issued from the United States, reflecting the issuer's core geographical base and its engagement with the domestic financial markets. General Electric, a venerable American multinational conglomerate, has historically been a titan across diverse industrial sectors, including power, aviation, healthcare, and financial services. In recent years, GE has embarked on a significant and complex strategic transformation, including the divestiture of major units like GE Capital and GE Healthcare, and the restructuring into more focused, independent companies such as GE Aerospace and GE Vernova. This bond issuance is part of the financing mechanisms associated with the remaining or transforming entities of this globally recognized industrial leader. Delving into the specifics of this bond, it carries a stated interest rate of 0% and is currently trading at 100% of its face value in the market. With a long-term maturity date set for October 1, 2053, this combination indicates that investors holding this instrument until redemption would realize a 0% yield to maturity. While a payment frequency of two is indicated, commonly associated with semi-annual interest disbursements, the 0% stated interest rate fundamentally positions this as a zero-coupon bond, implying that its value accrues to its par value at maturity rather than through periodic cash interest payments; the frequency might relate to the compounding basis for internal yield calculations rather than actual distributions. The total size of this particular bond issue is $25,000,000, with a minimum purchase size of $1,000, making it accessible to both institutional and individual investors within the specified parameters. From a credit quality perspective, the bond holds investment-grade ratings from two major credit rating agencies. Standard & Poor's has assigned a "BBB+" rating, while Moody's has provided a "Baa1" rating. Both ratings underscore General Electric's assessed creditworthiness, reflecting its capacity to meet its financial obligations and the agencies' views on the stability of its business and cash flows despite its ongoing strategic repositioning. These ratings generally imply a moderate level of credit risk, positioning the bond as a suitable option for investors seeking exposure to established corporate debt within the investment-grade spectrum. This bond's unique zero-coupon, zero-yield profile for a long-term instrument makes it a distinctive asset in the fixed income market, likely appealing to specific investor strategies or market conditions. |