Bond VeriCom 3.7% ( US92346MAT80 ) in USD

Issuer	VeriCom
Market price	100 % ⇌
Country	United States
ISIN code	US92346MAT80 ( in USD )
Interest rate	3.7% per year ( payment 2 times a year)
Maturity	15/08/2029
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 USD
Total amount	3 294 000 USD
Cusip	92346MAT8
Standard & Poor's ( S&P ) rating	N/A
Moody's rating	N/A
Next Coupon	15/08/2025 ( In 27 days )
Detailed description	Verizon Communications is a leading American telecommunications conglomerate providing wireless and wireline services, including internet, television, and voice communication, operating across the United States and internationally. Verizon Communications, a prominent telecommunications leader headquartered in the United States, has issued a notable fixed-income security, details of which are now accessible to the market. Identified by its ISIN: US92346MAT80 and CUSIP: 92346MAT8, this standard corporate bond is denominated in U.S. Dollars (USD) and originates from an issuance based in the United States. Verizon Communications, a major player in the global telecom industry, is renowned for its extensive wireless and wireline network infrastructure, providing a comprehensive suite of communication and technology solutions to millions of consumers and businesses. The company's robust financial health, consistent revenue streams, and strategic investments in cutting-edge technologies like 5G position it as a stable and reliable issuer in the debt markets, generally appealing to investors seeking credit quality and predictable returns. This particular bond carries an annual interest rate of 3.7%, with interest payments disbursed semi-annually, a common practice for corporate bonds in the U.S. This frequency means bondholders receive two equal coupon payments throughout the year, each representing 1.85% of the principal. The bond is set to reach its maturity on August 15, 2029, at which point the full principal amount will be repaid to the bondholders. Currently, the security is trading on the market at 100% of its par value, indicating that its market price precisely matches its face value. This suggests that the bond's coupon rate is aligned with prevailing market yields for debt instruments of comparable credit quality and duration at the time of its market pricing. The total aggregate principal amount of this specific issuance stands at USD 3,294,000. For investors looking to acquire this bond, the minimum purchase increment is set at USD 1,000, making it accessible for a range of investment portfolios. This bond offers a fixed-income opportunity from a blue-chip issuer, providing regular income streams and principal repayment at a defined maturity date, aligning with the investment objectives of those seeking stability and consistent returns from a well-established corporate entity.