Bond US Treasury NB 0.02125% ( US912828N308 ) in USD
Issuer | US Treasury NB |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 0.02125% per year ( payment 2 times a year) |
Maturity | 31/12/2022 - Bond has expired |
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Minimal amount | / |
Total amount | / |
Cusip | 912828N30 |
Detailed description |
US Treasury Notes are intermediate-term debt securities issued by the U.S. Department of the Treasury with maturities ranging from two to ten years. This financial article examines a specific fixed-income instrument, specifically a bond, identified by its ISIN US912828N308 and CUSIP 912828N30. The issuer, Us Treasury N/b, refers to the United States Department of the Treasury, the sovereign entity responsible for managing the federal government's debt. As the issuer of debt for the world's largest economy and steward of the primary global reserve currency, the U.S. Treasury's securities are globally recognized as benchmark instruments for interest rates and primary safe-haven assets, underpinning the international financial system. This particular bond was issued in the United States and denominated in U.S. Dollars (USD). It carried a stated interest rate of 0.02125, characteristic of very low coupon or discount-type Treasury securities, with interest payments scheduled semi-annually. The bond's maturity date was December 31, 2022. Notably, this obligation has successfully reached its maturity and has been fully repaid, with its current market price, noted at 100% at the time of its final redemption, reflecting the principal being returned at par to bondholders. |