Bond Nissan Auto Finance 0% ( US654740AP42 ) in USD

Issuer Nissan Auto Finance
Market price 100 %  ⇌ 
Country  United States
ISIN code  US654740AP42 ( in USD )
Interest rate 0%
Maturity 06/04/2018 - Bond has expired



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Detailed description Nissan Motor Acceptance Corporation (NMAC) is a captive finance company that provides financing and leasing services for Nissan and Infiniti vehicles in the United States and Canada.

The financial instrument identified by ISIN US654740AP42, a bond issued in the United States by Nissan Motor Acceptance, the dedicated financial services arm of Nissan Motor Corporation responsible for providing consumer and wholesale financing solutions for Nissan and Infiniti vehicles across North America, has fully matured and been redeemed; this particular obligation, notably structured as a zero-coupon bond with a 0% interest rate, thus making no periodic coupon payments despite a standard semi-annual payment frequency for other instruments, reached its maturity date on April 6, 2018, and was subsequently repaid to investors at its full 100% market price in USD.