Bond DekaBank 2.35% ( DE000DK0RQJ3 ) in USD

Issuer	DekaBank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DK0RQJ3 ( in USD )
Interest rate	2.35% per year ( payment 2 times a year)
Maturity	18/09/2020 - Bond has expired
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Minimal amount	1 000 USD
Total amount	50 000 000 USD
Detailed description	DekaBank is a German commercial bank, offering a wide range of financial services including corporate banking, asset management, and private banking. A specific bond issuance from Dekabank, identified by ISIN DE000DK0RQJ3, has successfully reached its maturity date and been fully redeemed. Dekabank, a pivotal German financial institution, serves as the central service provider for the comprehensive German Savings Banks Finance Group (Sparkassen-Finanzgruppe), offering a broad spectrum of services including asset management, capital market products, and real estate financing. This particular debt instrument, issued from Germany and denominated in U.S. Dollars (USD), featured an annual interest rate of 2.35%, with interest payments typically disbursed twice a year. The total size of this bond issuance was 50,000,000 USD, structured with a minimum lot size for purchase set at 1,000 USD. The bond matured on September 18, 2020, and was redeemed at 100% of its principal value, confirming its full repayment to investors.