Bond Kommerzbank AG 0% ( XS1714978258 ) in EUR
Issuer | Kommerzbank AG |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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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. |