Bond Deutsch Bank 0% ( XS2430292362 ) in USD
Issuer | Deutsch Bank | ||
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ISIN code |
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Interest rate | 0% | ||
Maturity | 24/01/2056 | ||
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Minimal amount | 250 000 USD | ||
Total amount | 545 000 000 USD | ||
Detailed description |
Deutsche Bank is a German multinational investment bank and financial services corporation headquartered in Frankfurt, offering a wide range of financial products and services globally. Deutsche Bank AG, the Frankfurt-headquartered global universal bank and a cornerstone of the German financial sector providing extensive services across investment banking, corporate banking, retail banking, and asset management worldwide, has issued a long-term bond (ISIN: XS2430292362) denominated in US Dollars, with a substantial total issuance size of $545,000,000 and a minimum investment lot of $250,000, which, despite a stated 0% interest rate and indication of semi-annual payment frequency, is currently trading at 100% of its par value on the market, implying that investor returns, if any, would be realized primarily through the bond's ultimate principal repayment at its January 24, 2056 maturity rather than through periodic income distributions. |