Bond Areal 0% ( XS2700997773 ) in EUR
Issuer | Areal |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 04/04/2024 - Bond has expired |
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Minimal amount | / |
Total amount | / |
Detailed description |
Aareal Bank is a German commercial bank specializing in real estate financing and IT solutions for the real estate industry. A financial market update confirms the successful maturity and redemption of the Aareal Bank bond, identifiable by ISIN code XS2700997773, which concluded on April 4, 2024. This debt instrument, issued in Germany by Aareal Bank AG, a leading German specialist in commercial property financing operating globally, was fully redeemed at 100% of its face value in Euros, reflecting its current market price at the time of maturity. Notably structured as a zero-coupon bond, it carried an interest rate of 0% with no periodic coupon payments, thus providing a single principal payment upon its maturity, confirming the timely fulfillment of the issuer's obligations for this now-closed financial product. |