Bond Kommerzbank AG 0% ( DE000CZ32J34 ) in USD

Issuer Kommerzbank AG
Market price 100 %  ▲ 
Country  Germany
ISIN code  DE000CZ32J34 ( in USD )
Interest rate 0%
Maturity 15/02/2011 - Bond has expired



Prospectus brochure of the bond COMMERZBANK AG DE000CZ32J34 in USD 0%, expired


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Detailed description Commerzbank AG is a major German bank offering a wide range of financial services including corporate banking, private banking, and asset management, with a significant international presence.

An analysis of a specific debt instrument issued by Commerzbank AG, a prominent German financial institution with a significant presence in retail and corporate banking across Europe and globally, reveals key characteristics of its past funding activities. This particular bond, identified by the ISIN code DE000CZ32J34, was denominated in United States Dollars (USD) and was issued from Germany, reflecting the issuer's domicile. Notably, it carried a 0% interest rate, indicating its structure as a zero-coupon bond. Such instruments typically do not disburse periodic interest payments but are issued at a discount and redeemed at par, with the investor's return derived from the capital appreciation over the bond's term. The bond reached its scheduled maturity date on February 15, 2011. At the point of maturity, its market price was recorded at 100%, confirming its redemption at face value. This financial instrument has successfully completed its lifecycle, having fully matured and been repaid to its bondholders as planned.