Bond TVA Liens 0% ( US88059ES963 ) in USD

Issuer TVA Liens
Market price 99.5317 %  ▼ 
Country  United States
ISIN code  US88059ES963 ( in USD )
Interest rate 0%
Maturity 15/12/2022 - Bond has expired



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Cusip 88059ES96
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 zero-coupon bond (ISIN US88059ES963, CUSIP 88059ES96), denominated in USD and issued in the United States by TVA Bonds, representing the Tennessee Valley Authority, a U.S. federally owned corporation and the nation's largest public power provider, was last quoted at a market price of 99.5317% before its scheduled maturity on December 15, 2022, and has since fully matured and been redeemed, concluding its single-payment lifecycle.