Bond KFWB 0% ( DE0002764578 ) in EUR

Issuer	KFWB
Market price	100 % ⇌
Country	Germany
ISIN code	DE0002764578 ( in EUR )
Interest rate	0%
Maturity	17/09/2029
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Minimal amount	100 000 EUR
Total amount	125 000 000 EUR
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 fixed-income instrument with ISIN code DE0002764578, issued by the Kreditanstalt für Wiederaufbau (KFW), is currently under market observation. KFW, a German state-owned development bank, stands as one of the world's leading promotional banks, established in 1948 with a primary mandate to finance investments and projects across various sectors, including small and medium-sized enterprises (SMEs), environmental protection, housing, education, and international development; as a public-law institution, KFW benefits from an explicit guarantee by the Federal Republic of Germany, conferring upon its debt obligations a very high credit quality, often rated AAA by major credit rating agencies, thereby making its issuances highly sought after in the global debt markets. This specific bond, issued under German jurisdiction and denominated in Euros (EUR), carries a total issuance volume of ?125,000,000, with a minimum investment threshold of ?100,000 per lot. A key characteristic is its 0% interest rate, classifying it as a zero-coupon instrument, which means it does not disburse periodic interest payments to bondholders. The bond is set to mature on September 17, 2029; while a payment frequency of '1' is listed, in the context of a zero-coupon bond, this signifies that the sole cash flow event is the principal repayment at maturity. Currently, the bond is trading on the market at 100% of its par value, implying a yield to maturity of 0% if held until its redemption date.