Bond KFWB 0% ( DE0002760691 ) in DEM
Issuer | KFWB |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 31/03/2023 - Bond has expired |
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Minimal amount | 5 000 DEM |
Total amount | 105 985 000 DEM |
Detailed description |
KFW is a German state-owned promotional bank that provides financing for projects in developing and emerging countries, as well as supporting sustainable development and climate action initiatives in Germany and abroad. A financial analysis highlights the bond identified by ISIN DE0002760691, an instrument issued by KFW, the Kreditanstalt für Wiederaufbau, a leading German state-owned development bank operating on behalf of the Federal Republic of Germany; this debt security, originated in Germany and denominated in Deutsche Mark (DEM), featured a zero percent interest rate, indicating its nature as a zero-coupon bond, and was part of a total issuance valued at DEM 105,985,000, with a minimum purchase tranche set at DEM 5,000; while its market price was recorded at 100% at the time of its final valuation, it is crucial to note that this bond officially matured on March 31, 2023, and has since been entirely repaid, concluding its lifecycle within the financial markets. |