Bond Deutsche Pfandbriefinstitut 0% ( DE000A12UA26 ) in USD

Issuer	Deutsche Pfandbriefinstitut
Market price	100 % ⇌
Country	Germany
ISIN code	DE000A12UA26 ( in USD )
Interest rate	0%
Maturity	12/01/2017 - Bond has expired
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Minimal amount	200 000 USD
Total amount	50 000 000 USD
Detailed description	Deutsche Pfandbriefbank (pbb) is a German publically traded bank specializing in commercial real estate finance, public sector finance, and covered bonds (Pfandbriefe). A recent financial analysis highlights the successful conclusion of a specific fixed-income instrument issued by Deutsche Pfandbriefbank (DPB), a prominent German specialist bank with a robust focus on real estate finance and public investment. The bond, identified by its ISIN DE000A12UA26, reached its full maturity on January 12, 2017, and was subsequently redeemed at its par value of 100%, signifying a complete return of principal to investors. This particular issuance stood out as a zero-coupon bond, a type of debt security that does not pay interest periodically; instead, investors derive their return from the difference between the discounted price at which they acquire the bond and its full face value (par) received upon maturity, with its explicit 0% interest rate confirming no coupon payments were made throughout its term despite the mention of a payment frequency of 2 which is typically associated with coupon-bearing instruments. The total size of this bond emission was USD 50,000,000, representing a significant capital raise for the issuer, and its notable minimum lot size of USD 200,000 suggests that this offering was primarily directed towards institutional investors or high-net-worth individuals, characteristic of wholesale debt markets for an instrument issued out of Germany, underscoring Deutsche Pfandbriefbank's strategic positioning within the European financial landscape and adherence to its regulatory frameworks.