American Express Issues Floating Rate Note Bond AXP5674402
American Express Company issued a Floating Rate Note (FRN) bond in October 2026, denoted as AXP5674402. The bond's coupon frequency is quarterly, with payments made on March 31, June 30, September 30, and December 31 each year.
The interest rate paid on the bond changes daily based on market conditions, making it a floating-rate instrument. The current coupon for AXP5674402 is 0.0%, although this can fluctuate over time.
The bond's payment schedule shows that the next payout date is October 31, 2024, with an accrual date of September 30, 2024. Past payouts have occurred on March 31 and June 30 in each year since the bond's issuance.