Bond Oncor Power Delivery 3.7% ( USU68281AQ42 ) in USD
Issuer | Oncor Power Delivery |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 3.7% per year ( payment 2 times a year) |
Maturity | 15/11/2028 |
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Minimal amount | 2 000 USD |
Total amount | 300 000 000 USD |
Cusip | U68281AQ4 |
Standard & Poor's ( S&P ) rating | A+ ( Upper medium grade - Investment-grade ) |
Next Coupon | 15/11/2025 ( In 43 days ) |
Detailed description |
Oncor Electric Delivery is a Texas-based electric transmission and distribution company serving approximately 3.5 million customers across nearly 100,000 square miles. This financial analysis examines a USD-denominated bond, identified by ISIN USU68281AQ42 and CUSIP U68281AQ4, issued by Oncor Electric Delivery, a major electric transmission and distribution utility operating the largest such system in Texas, serving over 10 million Texans through a regulated business model that underpins its stable revenue profile. This particular fixed-income instrument, part of a $300,000,000 total issue size and available for purchase in minimum increments of $2,000, carries an annual coupon rate of 3.7% paid semi-annually, matures on November 15, 2028, and is currently trading at 100.551% of par value on the market, while enjoying a strong investment-grade credit rating of A+ from Standard & Poor's (S&P), reflecting its issuer's robust financial health and its standing within the United States bond market. |