Bond Danica Bank 0% ( XS0078160651 ) in ZAR

Issuer Danica Bank
Market price 100 %  ⇌ 
Country  Denmark
ISIN code  XS0078160651 ( in ZAR )
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.