Bond Charles Schwab & Co. 4.2% ( US808513BB02 ) in USD

Issuer Charles Schwab & Co.
Market price 99.944 %  ▲ 
Country  United States
ISIN code  US808513BB02 ( in USD )
Interest rate 4.2% per year ( payment 2 times a year)
Maturity 24/03/2025 - Bond has expired



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Minimal amount 2 000 USD
Total amount 600 000 000 USD
Cusip 808513BB0
Standard & Poor's ( S&P ) rating A- ( Upper medium grade - Investment-grade )
Moody's rating A2 ( Upper medium grade - Investment-grade )
Detailed description Charles Schwab Corporation is a diversified financial services company offering brokerage, banking, and investment advisory services.

A comprehensive analysis of a recently matured fixed-income instrument issued by Charles Schwab, a prominent American financial services corporation, offers insights into corporate debt structures. Charles Schwab, headquartered in the United States, is a diversified financial services firm providing a broad array of banking, brokerage, and wealth management solutions to a vast client base, underpinning its status as a significant issuer in the U.S. debt markets. The specific bond, identifiable by ISIN US808513BB02 and CUSIP 808513BB0, carried a coupon interest rate of 4.2% and was denominated in USD. It represented a total issue size of $600,000,000, with a minimum purchase increment of $2,000, designed to appeal to a range of investors. Payments were structured on a semi-annual frequency, consistent with many corporate bonds. During its active trading period, the bond's market price was observed at 99.944% of its par value. Notably, this obligation reached its scheduled maturity on March 24, 2025, and has since been fully redeemed. Its credit quality was robustly affirmed by leading rating agencies: Standard & Poor's (S&P) assigned an A- rating, while Moody's provided an A2 rating, both signifying an upper-medium grade investment quality with strong capacity for repayment, albeit with potential susceptibility to adverse economic shifts.