Bond Charles Schwab & Co. 3.75% ( US808513BU82 ) in USD

Issuer Charles Schwab & Co.
Market price 100 %  ▲ 
Country  United States
ISIN code  US808513BU82 ( in USD )
Interest rate 3.75% per year ( payment 2 times a year)
Maturity 01/04/2024 - Bond has expired



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount 2 000 USD
Total amount 349 889 000 USD
Cusip 808513BU8
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.

An in-depth review of the recently matured bond issued by Charles Schwab, a prominent American financial services corporation known for its extensive brokerage, banking, and wealth management offerings, provides specific insights into its characteristics. Designated with ISIN US808513BU82 and CUSIP 808513BU8, this fixed-income security was issued from the United States and denominated in USD. It carried an annual interest rate of 3.75%, with interest payments disbursed bi-annually, reflecting the stated payment frequency of two times per year. The total initial issuance size for this instrument was $349,889,000, with a minimum investment requirement of $2,000. Crucially, the bond reached its maturity on April 1, 2024, and has since been fully redeemed at its 100% par value, signifying its successful repayment. Reflecting its credit quality, the bond held pre-maturity ratings of A- from Standard & Poor's and A2 from Moody's.