Bond Kommerzbank AG 0% ( XS1575986192 ) in EUR
Issuer | Kommerzbank AG |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 10/03/2020 - Bond has expired |
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Minimal amount | / |
Total amount | / |
Detailed description |
Commerzbank AG is a major German bank offering a wide range of financial services including corporate banking, private banking, and asset management, with a significant international presence. An analysis of the debt instrument identified by ISIN XS1575986192, issued by COMMERZBANK AG, a prominent financial institution headquartered in Germany with a substantial footprint in the European banking sector offering a wide range of retail and corporate banking services, reveals that this Euro-denominated bond, originating from Germany, featured a 0% interest rate, characteristic of a zero-coupon structure designed for principal appreciation upon maturity rather than periodic interest payments. Priced at 100% on the market, this obligation reached its scheduled maturity on March 10, 2020, at which point it was fully redeemed, confirming its successful repayment upon the conclusion of its lifecycle. |