Bond New York Life Global Finance 0% ( XS1218310073 ) in GBP

Issuer	New York Life Global Finance
Market price	100 % ⇌
Country	United States
ISIN code	XS1218310073 ( in GBP )
Interest rate	0%
Maturity	15/04/2016 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 GBP
Total amount	400 000 000 GBP
Detailed description	New York Life Global Funding is a subsidiary of New York Life Insurance Company that provides financing solutions for large-scale infrastructure and energy projects globally, primarily through private placements of debt and equity. A zero-coupon bond, identified by the ISIN XS1218310073, issued by New York Life Global Funding, a U.S.-based entity, has successfully completed its lifecycle, having matured and been fully redeemed. This particular obligation, denominated in British Pounds (GBP), featured a total issue size of £400,000,000. As a zero-coupon instrument, it carried a 0% interest rate, meaning no periodic interest payments were made, with investors receiving a single principal repayment at maturity. The minimum purchase size for this bond was £1,000. On its maturity date, April 15, 2016, the bond was repaid at its par value, reflecting a market price of 100% at redemption, thus fulfilling the issuer's obligations.