Bond Wisconsin Securities 5% ( US97705MB795 ) in USD
| Issuer | Wisconsin Securities |
| Market price | |
| Country | United States
|
| ISIN code |
US97705MB795 ( in USD )
|
| Interest rate | 5% per year ( payment 2 times a year) |
| Maturity | 01/05/2035 |
|
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|
| Minimal amount | / |
| Total amount | 62 685 000 USD |
| Cusip | 97705MB79 |
| Next Coupon | 01/05/2026 ( In 81 days ) |
| Detailed description |
Wisconsin Bonds are debt securities issued by the State of Wisconsin to finance various public projects and initiatives. This financial analysis details a specific fixed-income security, identified by its ISIN US97705MB795 and CUSIP 97705MB79, which is a bond issued by Wisconsin Bonds, an entity representing the State of Wisconsin, a prominent U.S. state located in the Midwest known for its diverse and stable economy encompassing manufacturing, agriculture, healthcare, and education sectors, whose general obligation and revenue bonds are highly regarded in the municipal bond market for their credit quality, typically backed by the state's taxing power and robust fiscal management. This particular bond, denominated in United States Dollars (USD), features a fixed annual interest rate, or coupon, of 5%, with interest payments disbursed semi-annually, aligning with the common payment frequency for municipal bonds in the U.S. market. The bond's current market price is quoted at 100% of its par value, indicating that it is trading precisely at its face value, reflecting its perceived stability and alignment with prevailing market interest rates, especially for a sovereign or highly-rated municipal debt instrument. The total size of this specific issue amounts to $62,685,000, signifying a substantial offering within the public debt landscape, providing liquidity for investors. Investors holding this bond can expect to receive their principal repayment on the maturity date of May 1, 2035, at which point the issuer will redeem the outstanding principal amount, offering a long-term investment horizon with predictable cash flows from a reputable U.S. state issuer. |
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