Bond DekaBank Girozentrale 0.4% ( DE000DK0XNH2 ) in USD

Issuer DekaBank Girozentrale
Market price 100 %  ⇌ 
Country  Germany
ISIN code  DE000DK0XNH2 ( in USD )
Interest rate 0.4% per year ( payment 2 times a year)
Maturity 19/08/2024 - Bond has expired



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Minimal amount 1 000 USD
Total amount 50 000 000 USD
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.

An examination of the fixed-income landscape highlights the recent successful redemption of a USD-denominated bond, identified by ISIN DE000DK0XNH2, which was issued by DekaBank Deutsche Girozentrale, a leading central service provider for Germany's Sparkassen-Finanzgruppe renowned for its expertise in asset management, capital markets, and real estate services; this German-originated debt security had a total issuance size of 50,000,000 USD with a minimum lot requirement of 1,000 USD, carried an annual interest rate of 0.4% distributed through semi-annual payments, and reached its maturity on August 19, 2024, at which time it was fully repaid at its par value, consistent with a 100% redemption price.