Bond DekaBank Girozentrale 0.3% ( DE000DK0RMB9 ) in EUR

Issuer	DekaBank Girozentrale
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DK0RMB9 ( in EUR )
Interest rate	0.3% per year ( payment 1 time a year)
Maturity	07/08/2025 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	25 000 000 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. DekaBank Deutsche Girozentrale, the central asset manager for Germany's Savings Banks Finance Group (Sparkassen-Finanzgruppe), a prominent and systemically important pillar of the German financial sector, has disclosed the particulars of a new bond issuance. As the central institution for the Sparkassen, DekaBank plays a crucial role in managing collective assets, providing capital market access, and offering a comprehensive range of financial services to the regional savings banks throughout Germany. This strategic position within one of Europe's largest financial groups underpins its stability and financial standing. The fixed-income security, identified by the International Securities Identification Number (ISIN) DE000DK0RMB9, is classified as a standard bond. This specific issue originates from Germany and is denominated in Euros (EUR). The bond offers an annual interest rate of 0.3%, with interest payments scheduled once per year. The total size of this bond issuance amounts to EUR 25,000,000, designed to accommodate a broad spectrum of investors, with a minimum lot size for participation set at EUR 1,000. Currently, the bond is quoted on the market at 100% of its nominal value, reflecting a par pricing. Investors should note the maturity date for this instrument is set for August 7, 2025.