Bond DekaBank 0% ( DE000DK0QPL3 ) in EUR
Issuer | DekaBank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 20/11/2018 - Bond has expired |
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Minimal amount | 500 000 EUR |
Total amount | 50 000 000 EUR |
Detailed description |
DekaBank is a German commercial bank, offering a wide range of financial services including corporate banking, asset management, and private banking. The financial market recently observed the maturity and subsequent repayment of a specific debt instrument, identified by its ISIN DE000DK0QPL3, which was issued by Dekabank, a leading German financial institution serving as the central service provider for the German Savings Banks Finance Group. This bond, originating from Germany and denominated in Euro (EUR), represented a total issuance volume of EUR 50,000,000, with a minimum investment threshold set at EUR 500,000 per tranche. Notably, the instrument carried a zero-percent interest rate, indicating that no periodic coupon payments were distributed to investors, and was observed trading at 100% of its par value prior to its expiration. Having reached its maturity date on November 20, 2018, this debt obligation has now been fully discharged, with all principal amounts having been repaid to bondholders. |