Bond Morgan Stanley Financial 0% ( US61770FVP88 ) in USD
| Issuer | Morgan Stanley Financial |
| Market price | 126.769 % ▲ |
| Country | United States
|
| ISIN code |
US61770FVP88 ( in USD )
|
| Interest rate | 0% |
| Maturity | 08/04/2021 - Bond has expired |
|
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| Minimal amount | 1 000 USD |
| Total amount | 11 000 000 USD |
| Cusip | 61770FVP8 |
| Detailed description |
Morgan Stanley is a leading global financial services firm offering investment banking, securities, wealth management, and investment management services to corporations, governments, and individuals. An examination of a specific bond issuance, identified by its unique identifiers and principal issuer, reveals a financial instrument that has completed its lifecycle in the capital markets. The issuer of this particular bond, Morgan Stanley Finance, operates as a crucial financing subsidiary for Morgan Stanley, a globally recognized and leading diversified financial services firm. Morgan Stanley provides a wide array of services including investment banking, securities sales and trading, wealth management, and investment management to a diverse client base that includes corporations, governments, institutions, and individuals worldwide. This specific fixed-income instrument, categorized as a bond, was officially registered under ISIN US61770FVP88 and further identified by CUSIP 61770FVP8. Originating from the United States, the bond was denominated in United States Dollars (USD), aligning with its domestic issuance country. The total size of this particular issuance amounted to $11,000,000, indicating a substantial but not exceptionally large offering in the corporate bond market, with a minimum purchase size set at $1,000, making it accessible to a range of investors. A distinctive characteristic of this bond was its stated 0% interest rate, which implies it was structured as a zero-coupon instrument, typically issued at a discount to its par value and designed to be redeemed at par upon maturity, without periodic coupon payments. Although a payment frequency of two (semi-annually) was specified in its terms, this would not have corresponded to recurring interest disbursements given its zero-coupon nature. During its active trading period, the bond commanded a notable market valuation, reaching a price of 126.769% of its par value. The bond reached its scheduled maturity date on April 8, 2021, and has since been fully redeemed by the issuer, signifying the successful conclusion of its term and the return of principal to its bondholders, thereby ceasing its status as an active, tradable security in the secondary market. |
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