Bond RealCredit Danmark 1% ( DK0004617099 ) in DKK

Issuer RealCredit Danmark
Market price 100 %  ⇌ 
Country  Denmark
ISIN code  DK0004617099 ( in DKK )
Interest rate 1% per year ( payment 1 time a year)
Maturity 01/01/2023 - Bond has expired



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Minimal amount 1 DKK
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Detailed description Realkredit Danmark is a large Danish mortgage credit institution offering a wide range of mortgage products and services to both private and institutional clients, specializing in the Danish mortgage market.

An analysis of the recently matured debt instrument, identified by its ISIN code DK0004617099, offers a look into the lifecycle of a bond issued within the European financial market. This specific bond, a type of obligation, was issued by Realkredit Danmark, a key player in the Danish financial sector. Realkredit Danmark is a leading mortgage credit institution in Denmark and a significant part of the Danske Bank Group, one of the largest financial services providers in the Nordic region. The institution's primary function involves providing long-term financing for real estate through the issuance of covered bonds, a critical mechanism for the Danish housing market and economy, attracting both domestic and international investors due to their perceived security. Issued in Denmark, the bond was denominated in Danish Krone (DKK) and featured an annual interest rate, or coupon, of 1%, with interest payments occurring once per year. The bond was accessible to a broad range of investors, indicated by a minimum trade lot size of 1. A pivotal detail for investors was its maturity date, set for January 1, 2023. As confirmed, this bond has now reached its scheduled maturity. At the time of its redemption, the bond's market price was 100% of its par value, signifying that all bondholders received full repayment of their principal investment. This successful maturation and subsequent repayment underscore the typical progression of a fixed-income security reaching the end of its term, fulfilling its obligations to its investors as expected.