Bond German Bank AG [London Branch] 0% ( XS1628401421 ) in EUR
Issuer | German Bank AG [London Branch] |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 29/04/2028 |
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Minimal amount | 1 000 EUR |
Total amount | 112 500 000 EUR |
Detailed description |
Deutsche Bank AG [London Branch] is a subsidiary of Deutsche Bank AG, operating as a full-service bank in London offering a wide range of financial services including investment banking, corporate banking, and private wealth management. Issued by Deutsche Bank AG through its London Branch, a prominent German multinational investment bank and financial services company headquartered in Frankfurt, Germany, which stands as one of the world's largest financial institutions offering a comprehensive suite of banking and financial products across global markets, this particular bond, identified by ISIN code XS1628401421 and originating from Germany, is currently quoted at 100% of its par value on the market, denominated in Euros (EUR); a key characteristic of this instrument is its zero-coupon structure, indicated by a 0% interest rate, signifying that no periodic interest payments will be made to bondholders, with investors instead receiving the full principal amount upon the bond's maturity on April 29, 2028; the total aggregate size of this particular issue amounts to ?112,500,000, with a minimum lot size of ?1,000 available for investment, and while a payment frequency of '1' is indicated, this primarily refers to the single principal repayment event at maturity for this zero-coupon instrument. |