Bond DekaBank Girozentrale 0.79% ( DE000DK0T0Q2 ) in EUR

Issuer	DekaBank Girozentrale
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DK0T0Q2 ( in EUR )
Interest rate	0.79% per year ( payment 1 time a year)
Maturity	14/11/2031
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Minimal amount	100 000 EUR
Total amount	10 000 000 EUR
Next Coupon	14/11/2025 ( In 98 days )
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, a cornerstone of the German financial sector and the central asset manager for the German Savings Banks Finance Group, has announced the issuance of a new bond, underscoring its active participation in the capital markets. As a leading institution with a comprehensive suite of financial services spanning asset management, capital markets, and real estate for both institutional and private clients, DekaBank plays a pivotal role in the stability and development of the German banking landscape, reflecting its robust financial standing and broad operational scope within Germany and beyond. This particular debt instrument, classified as an obligation, bears the ISIN DE000DK0T0Q2 and was issued from Germany. Denominated in Euros (EUR), it offers a fixed annual interest rate of 0.79%, with coupon payments scheduled to occur once per year. The bond is currently trading at 100% of its nominal value on the market, indicating its par valuation. The total size of this specific bond issuance amounts to EUR 10,000,000, making it a sizable, yet not overwhelmingly large, offering. For prospective investors, the minimum lot size for participation is set at EUR 100,000, thereby targeting institutional or substantial individual investors. The security is slated to mature on November 14, 2031, providing a medium-to-long-term investment horizon. This issuance effectively allows DekaBank to diversify its funding avenues while offering a clear, long-term investment opportunity in the European fixed-income market.