Bond Kommerzbank AG 0% ( XS1714978258 ) in EUR

Issuer Kommerzbank AG
Market price 100 %  ⇌ 
Country  Germany
ISIN code  XS1714978258 ( in EUR )
Interest rate 0%
Maturity 20/06/2023 - Bond has expired



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Minimal amount 1 000 EUR
Total amount 5 000 000 EUR
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 in-depth analysis reveals the successful conclusion of a specific bond issuance, identified by the ISIN XS1714978258, which was originated by Commerzbank AG, a leading German commercial bank headquartered in Frankfurt, Germany, renowned for its extensive domestic and international financial operations providing a broad spectrum of banking and financial services to corporate, small and medium-sized enterprise, and private clients; this particular debt instrument, issued in Germany, functioned as a zero-coupon bond, bore a 0% interest rate, was denominated in Euros (EUR), represented a total issuance volume of EUR 5,000,000, and allowed for a minimum purchase size of EUR 1,000, ultimately reaching its stipulated maturity date on June 20, 2023, at which point it was fully redeemed at 100% of its nominal value to its holders, signifying its complete repayment.