Series 48 bonds have been issued with a 2.400% interest rate, and specific series matured in December 2022.
A specific, older "Form FMC-48" surety bond for maritime financial responsibility. 48 : Bonds
Other potential, less likely contexts for "48 bonds" include: A sample of 48 green bonds from European countries. An emerging market fund portfolio with 48 bonds. Series 48 bonds have been issued with a 2
They are often assigned high credit ratings, such as "AAA". C$17 billion in some offerings).
Canada Mortgage and Housing Corporation BMO Capital ... - CMHC
These bonds are issued to support mortgage funding in Canada.
These issuances often involve billions of dollars in principal amounts (e.g., C$17 billion in some offerings).