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ItalianoBond Kommerzbank AG 8.8% ( XS1715001332 ) in USD
| Issuer | Kommerzbank AG |
| Market price | 100 % ⇌ |
| Country |  Germany
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| ISIN code |
 XS1715001332 ( in USD )
|
| Interest rate | 8.8% per year ( payment 2 times a year) |
| Maturity | 03/05/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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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 specific bond instrument, identified by the ISIN code XS1715001332, which was issued by Commerzbank AG. Commerzbank, headquartered in Frankfurt, Germany, is one of Germany's largest banks, serving private and corporate clients globally, and holds a significant position within the European financial sector. Denominated in US Dollars, this particular bond featured a fixed interest rate of 8.8%, with interest payments distributed semi-annually. The total issuance size for this debt instrument was 5,000,000 USD, with a minimum lot size for investment set at 1,000 USD. Originating from Germany, the bond reached its maturity date on May 3, 2021, and was subsequently redeemed at its market price of 100% of par value, confirming its full repayment to investors. |