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Unikorn Vision Fixed Income Platform
Search Bonds ISIN: 3M-CO-4.000-2048
Senior Unsecured | Corporate Bond ISIN: 3M-CO-4.000-2048 US • USD

3M CO MTN

4.000% Fixed Notes due 2048-09-14

Yield to Maturity (YTM)
6.33%
Semi-Annual (2/yr) • 30/360 US
Annual Coupon 4.000%
Credit Rating IG/HY (iShares Portfolio Mark)
Current Yield 5.51%
Maturity Date 2048-09-14

Bond Contract & Essential Details

Deterministic contract parameters compiled from database records

Unit Face Value USD 100.00
Day Count Standard 30/360 US
Coupon Type & Rate 4.000% Fixed
Coupon Frequency Semi-Annual (2/yr)
Allotment Date 2018-09-14
Redemption Date 2048-09-14
Remaining Tenor 21.9 yrs
Remaining Installments 44 payments
Last Coupon Paid 2026-09-14
Next Coupon Date 2027-03-14
Days to Next Coupon 140 days
Ex-Dividend Status Cum-Dividend (No)
Forward Cashflow Schedule

Inspect all 44 future coupon disbursements and cumulative principal return in Tab 2.

Issue & Regulatory Profile

Fiscal / Debenture Trustee Appointed Fiscal Trustee
Seniority Classification Senior Unsecured
Collateral Structure Corporate Bond
Business Sector Capital Goods
Legal Entity Name 3M CO MTN
Country of Risk US
Credit Rating IG/HY (iShares Portfolio Mark)
Rule Policy Signal
INVESTMENT GRADE PAR

Bond Calculations Explained

Deterministic arithmetic behind the figures in Tab 1 • 100% C# .NET 10 Engine

1. Current Yield 5.51%

Measures the immediate annualized cash income generated by the bond relative to its quoted market clean price.

Formula: (Annual Coupon Rate × Face Value) ÷ Clean Price
Calculation: (4.000% × USD 100.00) ÷ USD 72.63 = 5.51%
2. Accrued Interest USD 0.4556

Interest earned by the seller from the last coupon payment date up to the transaction settlement date.

Formula: Face Value × (Annual Coupon ÷ 100) × (Days Elapsed ÷ Year Basis)
Calculation: USD 100.00 × (4.000% ÷ 100) × (41 ÷ 360) = USD 0.4556
3. Dirty (Settlement) Price USD 73.0856

The total cash consideration required to settle 1 bond unit (Clean Quoted Price plus Accrued Interest).

Formula: Clean Quoted Price + Accrued Interest
Calculation: USD 72.63 + USD 0.4556 = USD 73.0856
4. Remaining Tenor 21.9 Years

Exact elapsed calendar time remaining between the settlement date and final principal redemption.

Period: 25-Oct-2026 → 14-Sep-2048 (21.9 years until maturity)