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ItalianoBond TVA Liens 2.25% ( US880591EV09 ) in USD
| Issuer | TVA Liens |
| Market price | 100.022 % ▲ |
| Country |  United States
|
| ISIN code |
 US880591EV09 ( in USD )
|
| Interest rate | 2.25% per year ( payment 2 times a year) |
| Maturity | 15/03/2020 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | 1 000 000 000 USD |
| Cusip | 880591EV0 |
| Detailed description |
TVA Bonds are instruments used by businesses to defer payment of Value Added Tax (VAT) owed to tax authorities, typically by providing a security or guarantee. The US880591EV09 bond (CUSIP: 880591EV0), an obligation issued by TVA Bonds, representing the Tennessee Valley Authority, a U.S. federal corporation established to provide electricity and foster economic development in the Tennessee Valley region, constituted a USD 1,000,000,000 issuance from the United States bearing a 2.25% semi-annual interest rate, which, after trading at 100.022% on the market, reached its maturity on March 15, 2020, and has since been fully redeemed. |