Bond DekaBank Girozentrale 3.95% ( DE000DK0JRW1 ) in EUR
Issuer | DekaBank Girozentrale |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 3.95% per year ( payment 1 time a year) |
Maturity | 09/02/2026 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 1 000 EUR |
Total amount | 20 000 000 EUR |
Detailed description |
DekaBank Deutsche Girozentrale is a German cooperative bank, offering a wide range of financial services including asset management, investment banking, and private banking to both private and corporate clients. This financial article outlines the key characteristics and lifecycle of a specific bond issuance, ISIN DE000DK0JRW1, which has recently concluded its term and been fully redeemed. Issued by DekaBank Deutsche Girozentrale, this fixed-income security was denominated in Euros (EUR) and offered investors an annual interest rate of 3.95%; the total size of this particular issuance amounted to EUR 20,000,000, with a minimum investment threshold set at EUR 1,000 per lot, and was originally scheduled to mature on February 9, 2026, with interest payments occurring annually. DekaBank Deutsche Girozentrale, the entity behind this bond, stands as a central institution within Germany's Sparkassen-Finanzgruppe, which constitutes the largest financial group in the country; it functions as the asset manager for the group, providing a broad spectrum of financial services ranging from investment management to capital market solutions and securities services, thus playing a pivotal role in the German financial landscape and serving a wide network of savings banks and institutional clients. Upon reaching its maturity date, the bond, which was issued from Germany, was fully repaid to investors at its par value, reflecting the 100% market price at the time of redemption, thereby successfully completing its financial obligation and returning the principal to all bondholders. |