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Bond DekaBank 0.66% ( DE000DK0ZPH2 ) in NOK

Issuer	DekaBank
Market price	100 %  ⇌
Country	Germany
ISIN code	DE000DK0ZPH2 ( in NOK )
Interest rate	0.66% per year ( payment 1 time a year)
Maturity	05/02/2024 - Bond has expired
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Minimal amount	1 000 NOK
Total amount	25 000 000 NOK
Detailed description	DekaBank is a German commercial bank, offering a wide range of financial services including corporate banking, asset management, and private banking. The DE000DK0ZPH2 bond, issued by Dekabank, a prominent German financial institution serving as the central service provider for the Sparkassen-Finanzgruppe, one of Europe's largest financial groups, has completed its lifecycle. This fixed-income instrument, originating from Germany, was denominated in Norwegian Krone (NOK) and featured an annual interest rate of 0.66%. The total issue size amounted to 25,000,000 NOK, with a minimum purchase increment set at 1,000 NOK. Having traded at 100% of its nominal value, the bond reached its scheduled maturity date on February 5, 2024, and has since been fully redeemed, concluding its presence on the market.