Bond MetLife Global Capital I 3.45% ( US59217HBV87 ) in USD
| Issuer | MetLife Global Capital I |
| Market price | 100 % ▼ |
| Country | United States
|
| ISIN code |
US59217HBV87 ( in USD )
|
| Interest rate | 3.45% per year ( payment 2 times a year) |
| Maturity | 09/10/2021 - Bond has expired |
|
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|
| Minimal amount | 150 000 USD |
| Total amount | 750 000 000 USD |
| Cusip | 59217HBV8 |
| Standard & Poor's ( S&P ) rating | N/A |
| Moody's rating | N/A |
| Detailed description |
MetLife Global Funding I is a captive insurance company wholly owned by MetLife, Inc., domiciled in Bermuda and primarily used for the internal reinsurance of certain life insurance risks within the MetLife group. A fixed-income instrument, specifically a bond identified by ISIN US59217HBV87 and CUSIP 59217HBV8, was issued by MetLife Global Funding I, a dedicated financing vehicle typically utilized by its ultimate parent, MetLife Inc., a prominent U.S.-based global financial services company providing insurance, annuities, and employee benefit programs, with this bond originating from the United States and denominated in USD, carrying an annual interest rate of 3.45% and a total issue size of $750,000,000, alongside a minimum purchase size set at $150,000, and this instrument, which paid interest semiannually, reached its scheduled maturity on October 9, 2021, at which point it was fully reimbursed at 100% of its face value. |
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