Bond Oraclum 2.95% ( US68389XBS36 ) in USD

Issuer	Oraclum
Market price	100 % ▲
Country	United States
ISIN code	US68389XBS36 ( in USD )
Interest rate	2.95% per year ( payment 2 times a year)
Maturity	15/11/2024 - Bond has expired
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Minimal amount	2 000 USD
Total amount	2 000 000 000 USD
Cusip	68389XBS3
Standard & Poor's ( S&P ) rating	BBB ( Lower medium grade - Investment-grade )
Moody's rating	Baa2 ( Lower medium grade - Investment-grade )
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. This financial article details a specific fixed-income instrument, identified as a bond (Type: Obligation) with the ISIN US68389XBS36 and CUSIP 68389XBS3, issued by Oracle, a prominent global technology corporation headquartered in the United States, widely recognized for its extensive portfolio of enterprise software, cloud computing services, and hardware systems. This particular bond, denominated in US Dollars (USD), featured a fixed annual interest rate of 2.95% and was part of a substantial issuance totaling $2,000,000,000, with a minimum investment acquisition size set at $2,000 per lot. Interest payments were scheduled with a frequency of two times per year, reflecting a semi-annual coupon distribution. The bond reached its definitive maturity on November 15, 2024, and has since been fully redeemed, with investors receiving the principal amount, effectively confirming a market price of 100% at redemption. Reflecting its creditworthiness, the bond received investment-grade ratings from leading financial agencies, specifically a BBB rating from Standard & Poor's (S&P) and a Baa2 rating from Moody's.