Bond Wisconsin Securities 2.102% ( US97705MVU60 ) in USD
| Issuer | Wisconsin Securities |
| Market price | |
| Country | United States
|
| ISIN code |
US97705MVU60 ( in USD )
|
| Interest rate | 2.102% per year ( payment 2 times a year) |
| Maturity | 01/05/2035 |
|
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|
| Minimal amount | / |
| Total amount | 47 575 000 USD |
| Cusip | 97705MVU6 |
| 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 article provides details on a specific fixed-income instrument issued under the generic classification of 'Wisconsin Bonds,' representing debt obligations primarily issued by the State of Wisconsin or its various governmental agencies and subdivisions. These bonds are typically utilized to finance public projects, infrastructure development, or other state-funded initiatives, and are generally backed by the full faith and credit of the state or specific revenue streams, offering a degree of credit stability often associated with U.S. municipal debt. The particular bond under examination is identified by ISIN code US97705MVU60 and CUSIP 97705MVU6, originating from the United States. It carries a nominal interest rate of 2.102% per annum, with interest payments distributed to bondholders on a semi-annual basis, indicating a payment frequency of two times per year. The total size of this specific bond issuance amounts to USD 47,575,000, with all transactions and payments denominated in United States Dollars. The bond is set to mature on May 1, 2035, and its current market price stands at 100% of its par value, reflecting a trading position at its face value. |
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