Bond Danica Bank 0% ( XS0078160651 ) in ZAR
Issuer | Danica Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 04/08/2017 - Bond has expired |
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Minimal amount | 5 000 ZAR |
Total amount | 1 000 000 000 ZAR |
Detailed description |
Danske Bank is a major Scandinavian financial services group offering banking, investment, and insurance services across several countries, primarily in Denmark, but also with significant operations in other Nordic regions and internationally. An analysis of the bond identified by ISIN XS0078160651, issued by Danske Bank?a prominent Danish multinational banking and financial services institution headquartered in Copenhagen with significant operations across the Nordic region and internationally, and originating from Denmark?reveals its specific characteristics: denominated in South African Rand (ZAR) with a total issue size of 1,000,000,000 ZAR and a minimum lot size of 5,000 ZAR, this zero-coupon instrument, featuring a 0% interest rate implying a singular payment, reached its maturity on August 4, 2017, at which point it was redeemed at its 100% par value, confirming the full settlement and reimbursement of this obligation to its bondholders. |