Bond VeriCom 4.75% ( US92346MAZ41 ) in USD

Issuer	VeriCom
Market price	100 % ▲
Country	United States
ISIN code	US92346MAZ41 ( in USD )
Interest rate	4.75% per year ( payment 2 times a year)
Maturity	15/09/2047
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Minimal amount	1 000 USD
Total amount	17 102 000 USD
Cusip	92346MAZ4
Standard & Poor's ( S&P ) rating	BBB+ ( Lower medium grade - Investment-grade )
Moody's rating	Baa1 ( Lower medium grade - Investment-grade )
Next Coupon	15/09/2025 ( In 59 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. Market participants are currently analyzing the Verizon Communications bond, a fixed-income security identifiable by ISIN US92346MAZ41 and CUSIP 92346MAZ4, issued by the prominent American telecommunications conglomerate known for its expansive wireless and wireline services across the United States. This particular USD-denominated obligation, originating from the United States, features a 4.75% annual interest rate paid semi-annually and carries a distant maturity date of September 15, 2047. With a total issuance size amounting to $17,102,000 and a minimum investment threshold of $1,000, the bond is presently trading at par, reflecting a market price of 100%. Its credit quality is affirmed by investment-grade ratings of BBB+ from Standard & Poor's and Baa1 from Moody's.