Bond Berlin Investment Bank 0% ( DE000A1MLZ70 ) in EUR

Issuer	Berlin Investment Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000A1MLZ70 ( in EUR )
Interest rate	0%
Maturity	25/01/2017 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	250 000 000 EUR
Detailed description	Investitionsbank Berlin (IBB) is a state-owned bank in Berlin that provides financing and support to businesses, projects, and initiatives in the Berlin-Brandenburg region. An analysis of the bond market reveals details concerning the DE000A1MLZ70 bond, issued by Investitionsbank Berlin, a distinguished public development bank located in Germany. Investitionsbank Berlin (IBB) serves as the state-owned development bank for the federal state of Berlin, primarily tasked with fostering economic growth, promoting housing development, and supporting infrastructure projects throughout the region by providing crucial financing and advisory services to businesses, startups, and public institutions. This specific bond, denominated in EUR, comprised a total issuance size of 250,000,000 EUR, with a minimum investment lot established at 1,000 EUR. Notably, it featured a 0% interest rate and an indicated payment frequency of 1, which implies a structure focused on principal repayment rather than recurring interest distributions, and it successfully reached its scheduled maturity on January 25, 2017. Upon its maturity, the bond, which had a market value of 100%, was fully redeemed, signifying the complete repayment of the principal to its investors in strict accordance with its original issuance terms.