Bond MBiA 6.625% ( US55262CAF77 ) in USD

Issuer	MBiA
Market price	98.414 % ▲
Country	United States
ISIN code	US55262CAF77 ( in USD )
Interest rate	6.625% per year ( payment 2 times a year)
Maturity	30/09/2028
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Minimal amount	1 000 USD
Total amount	150 000 000 USD
Cusip	55262CAF7
Standard & Poor's ( S&P ) rating	N/A
Moody's rating	Ba3 ( Non-investment grade speculative )
Next Coupon	01/10/2025 ( In 60 days )
Detailed description	MBIA Inc. is a financial guarantor that provides bond insurance, primarily for municipal bonds, offering credit enhancement to investors. Detailing a specific bond instrument, this financial article highlights the US-issued debt obligation from MBIA Corporation, a prominent financial guarantee insurance company, identified by ISIN US55262CAF77 and CUSIP 55262CAF7, which is denominated in USD, currently trades at 98.414% of par, and features a fixed coupon rate of 6.625%, with a total issuance size of $150,000,000, a minimum purchase size of $1,000, a maturity date of September 30, 2028, semi-annual interest payments, and a Ba3 credit rating from Moody's.