Bond U.S. Bankcorp 3% ( US91159HHW34 ) in USD

Issuer	U.S. Bankcorp
Market price	100 % ▲
Country	United States
ISIN code	US91159HHW34 ( in USD )
Interest rate	3% per year ( payment 2 times a year)
Maturity	29/07/2029
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Minimal amount	1 000 USD
Total amount	1 000 000 000 USD
Cusip	91159HHW3
Standard & Poor's ( S&P ) rating	A ( Upper medium grade - Investment-grade )
Moody's rating	A2 ( Upper medium grade - Investment-grade )
Next Coupon	30/01/2026 ( In 87 days )
Detailed description	U.S. Bancorp is a diversified financial services company offering banking, investment, and mortgage services to consumers and businesses across the United States. A detailed analysis of the fixed-income instrument identified by ISIN US91159HHW34 and CUSIP 91159HHW3, issued by U.S. Bancorp, reveals its key characteristics as an investment-grade bond. U.S. Bancorp, headquartered in the United States, stands as the parent company of U.S. Bank, one of the nation's largest financial services holding companies, boasting a comprehensive suite of banking, investment, mortgage, trust, and payment services for diverse clientele including consumers, businesses, and governmental entities, underpinned by a robust operational history and diversified revenue streams that cement its significant position within the global financial landscape. This particular debt instrument, denominated in USD, carries an annual interest rate of 3% and is scheduled to mature on July 29, 2029, with interest payments disbursed semi-annually to provide a consistent income stream for bondholders. The total size of this issuance is substantial, amounting to $1,000,000,000, reflecting the issuer's significant funding needs and market capacity, while the bond is currently trading at 100% of its par value on the market, indicating alignment with prevailing market conditions for comparable instruments, and is accessible with a minimum purchase size set at $1,000. The credit quality of U.S. Bancorp, and consequently this bond, is affirmed by leading independent rating agencies, with Standard & Poor's assigning an 'A' rating and Moody's providing an 'A2' rating, both signifying a strong capacity to meet financial commitments and indicating a low credit risk, albeit with some susceptibility to adverse economic conditions or changes in circumstances compared to instruments with higher ratings. Overall, this U.S. Bancorp bond presents as a solid, investment-grade fixed-income opportunity, backed by a prominent U.S. financial institution and offering a consistent yield until its maturity.