Bond DekaBank 0% ( DE000DK0QNV7 ) in EUR

Issuer DekaBank
Market price 100 %  ⇌ 
Country  Germany
ISIN code  DE000DK0QNV7 ( in EUR )
Interest rate 0%
Maturity 12/10/2018 - Bond has expired



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Minimal amount 500 000 EUR
Total amount 200 000 000 EUR
Detailed description DekaBank is a German commercial bank, offering a wide range of financial services including corporate banking, asset management, and private banking.

An analysis of the financial instrument identified by ISIN DE000DK0QNV7 reveals a matured bond issued by Dekabank, a prominent German financial institution serving as the central asset manager for the Sparkassen-Finanzgruppe, which originated from Germany as a EUR 200,000,000 zero-coupon issuance, denominated in EUR, requiring a minimum purchase of EUR 500,000, and despite its 0% interest rate, implying a single payment at maturity, was valued at 100% and successfully reached its maturity on October 12, 2018, having since been fully repaid.