Bond DekaBank 0% ( DE000DK0TJD7 ) in EUR

Issuer	DekaBank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DK0TJD7 ( in EUR )
Interest rate	0%
Maturity	19/03/2019 - 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. This financial analysis details a specific bond issuance, identified by ISIN DE000DK0TJD7, from Dekabank, a pivotal financial institution serving as the central service provider for the German Savings Banks Finance Group. Issued from Germany, this fixed-income instrument, denominated in EUR, featured a total issuance size of 50,000,000 EUR, with a minimum purchase size established at 500,000 EUR. A notable characteristic of this bond was its zero-coupon structure, indicated by a 0% interest rate and a payment frequency of one, signifying that the principal was repaid in a single disbursement at maturity. The bond reached its maturity on March 19, 2019, at which point its market price was 100% of its face value, and it has since been fully repaid to its investors.