Bond Kommerzbank AG 0% ( XS1714892707 ) in USD

Issuer Kommerzbank AG
Market price 100 %  ⇌ 
Country  Germany
ISIN code  XS1714892707 ( in USD )
Interest rate 0%
Maturity 28/02/2023 - Bond has expired



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Minimal amount 1 000 USD
Total amount 5 000 000 USD
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.

This financial article details a recently matured and redeemed bond (ISIN: XS1714892707) issued by Commerzbank AG, a prominent German financial institution headquartered in Frankfurt am Main offering a wide range of banking services, which was originally issued in Germany. This USD-denominated bond, part of a total issue size of 5,000,000 with a minimum lot size of 1,000, carried a 0% interest rate despite a listed payment frequency of 2, and successfully reached its maturity date on February 28, 2023, having been fully reimbursed at 100% of its market price.