Bond Oraclum 2.375% ( US68389XAQ88 ) in USD

Issuer Oraclum
Market price 99.998 %  ▼ 
Country  United States
ISIN code  US68389XAQ88 ( in USD )
Interest rate 2.375% per year ( payment 2 times a year)
Maturity 15/01/2019 - Bond has expired



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Minimal amount 2 000 USD
Total amount 1 500 000 000 USD
Cusip 68389XAQ8
Detailed description Oracle Corporation is a multinational computer technology corporation specializing in developing and marketing database software and technology, cloud engineered systems, and enterprise software products?particularly its flagship Oracle Database.

An analysis of the Oracle Corporation bond, identified by ISIN US68389XAQ88 and CUSIP 68389XAQ8, reveals key characteristics of this debt instrument issued from the United States by Oracle, a globally recognized leader in enterprise software and cloud computing services. This USD-denominated obligation carried a fixed annual interest rate of 2.375%, with interest payments disbursed semi-annually. The total issuance amounted to $1,500,000,000, with a minimum investment threshold set at $2,000. While its last reported market price was 99.998% prior to its expiration, this bond successfully reached its maturity date on January 15, 2019, and has since been fully redeemed and repaid to its bondholders.