Bond DekaBank 1.3% ( DE000DK0FAF0 ) in EUR

Issuer	DekaBank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DK0FAF0 ( in EUR )
Interest rate	1.3% per year ( payment 1 time a year)
Maturity	23/04/2035
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Minimal amount	1 000 EUR
Total amount	10 000 000 EUR
Next Coupon	23/04/2026 ( In 234 days )
Detailed description	DekaBank is a German commercial bank, offering a wide range of financial services including corporate banking, asset management, and private banking. An overview of the DE000DK0FAF0 bond reveals a key fixed-income instrument issued by Dekabank, a prominent financial institution based in Germany. Dekabank serves as the central asset manager for the Sparkassen-Finanzgruppe, Germany's largest financial group, playing a crucial role in providing investment services, capital markets expertise, and fund management for the extensive network of savings banks and their clientele. Its activities span a wide array of financial products, including fixed-income, equities, and alternative investments, underscoring its significant and stable presence within the European financial sector. The bond, identified by its ISIN DE000DK0FAF0, is a Euro-denominated obligation issued from Germany, currently trading at par with a market price of 100%. It features a fixed annual interest rate of 1.3%, with interest payments disbursed once a year. This particular issuance has a total size of EUR 10,000,000 and is structured with a minimum subscription tranche of EUR 1,000, making it accessible to various investor profiles. Its maturity date is set for April 23, 2035, positioning it as a long-term investment opportunity within the European fixed-income landscape, underpinned by the creditworthiness and stability of its German issuer.