Bond General Electric Finance 6.75% ( XS0269584669 ) in NZD

Issuer	General Electric Finance
Market price	100 % ⇌
Country	United States
ISIN code	XS0269584669 ( in NZD )
Interest rate	6.75% per year ( payment 1 time a year)
Maturity	26/09/2016 - Bond has expired
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Minimal amount	5 000 NZD
Total amount	300 000 000 NZD
Detailed description	General Electric Capital was the financial services division of General Electric, offering a range of commercial lending, leasing, and insurance products before its restructuring and eventual divestiture. This financial review examines a specific fixed-income instrument, ISIN XS0269584669, a bond issued by General Electric Capital, which has successfully reached its maturity and been fully repaid. Denominated in New Zealand Dollars (NZD), this bond represented a total issuance size of 300,000,000 NZD, with a minimum investment threshold set at 5,000 NZD per purchase. It carried a fixed interest rate of 6.75%, with interest payments scheduled annually, typical for such a security. The bond was issued from the United States with a definitive maturity date of September 26, 2016. General Electric Capital, the issuer, was the financial services arm of the multinational conglomerate General Electric, historically providing a vast array of financing, leasing, and other financial products and services to businesses and consumers worldwide, playing a significant role in GE's overall strategic operations. Upon its maturity on the stipulated date, the bond was redeemed at 100% of its face value, confirming its successful repayment to bondholders.