Bond New York Life Global Finance 0% ( US64952XDD03 ) in USD

Issuer New York Life Global Finance
Market price 100 %  ⇌ 
Country  United States
ISIN code  US64952XDD03 ( in USD )
Interest rate 0%
Maturity 12/07/2022 - Bond has expired



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Minimal amount 1 000 USD
Total amount 400 000 000 USD
Cusip 64952XDD0
Detailed description New York Life Global Funding is a subsidiary of New York Life Insurance Company that provides financing solutions for large-scale infrastructure and energy projects globally, primarily through private placements of debt and equity.

The bond identified by ISIN US64952XDD03 and CUSIP 64952XDD0, issued from the United States by New York Life Global Funding, a dedicated financing vehicle for New York Life Insurance Company, a long-standing and prominent US mutual life insurance company, represented a USD 400,000,000 issuance, available for a minimum purchase of USD 1,000, and was characterized by a 0% interest rate, indicating a zero-coupon structure with no periodic interest distributions despite a stated payment frequency of 2, having successfully reached its maturity on July 12, 2022, and been repaid at par, consistent with its 100% market price at the time of its redemption.