Bond TVA Liens 0% ( US88059E7P32 ) in USD

Issuer	TVA Liens
Market price	21.289 % ⇌
Country	United States
ISIN code	US88059E7P32 ( in USD )
Interest rate	0%
Maturity	15/09/2058
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Minimal amount	/
Total amount	/
Cusip	88059E7P3
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. A detailed examination of current bond market offerings reveals a specific instrument of interest: a bond identified by ISIN US88059E7P32 and CUSIP 88059E7P3, issued by TVA Bonds. The issuer, TVA (Tennessee Valley Authority), is a U.S. federal corporation and the nation's largest public power provider, supplying electricity to approximately 10 million people across parts of seven southeastern states. As a government-owned enterprise, debt instruments issued by TVA are typically considered highly secure, benefiting from an implicit backing by the U.S. government, which positions them as a potentially attractive option for investors seeking long-term stability and credit quality. This particular bond, denominated in USD and issued from the United States, is structured as a zero-coupon obligation, evidenced by its 0% stated interest rate, meaning it does not make periodic interest payments. With a distant maturity date of September 15, 2058, it represents a long-duration investment vehicle designed to deliver a single principal payment at its face value upon expiration. The bond is currently trading on the market at 21.289% of its par value, reflecting a significant discount that is characteristic of zero-coupon instruments with such extended maturities, where the investor's return is realized through the appreciation of the bond's price towards its par value as it approaches maturity.