Bond Deutsch Pfandbriefbank AG 2.1% ( DE000A1X3LL4 ) in EUR

Issuer Deutsch Pfandbriefbank AG
Market price 100 %  ⇌ 
Country  Germany
ISIN code  DE000A1X3LL4 ( in EUR )
Interest rate 2.1% per year ( payment 1 time a year)
Maturity 11/12/2023 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 30 000 000 EUR
Detailed description Deutsche Pfandbriefbank AG (pbb) is a German bank specializing in public-sector and commercial real estate financing, primarily through the issuance of Pfandbriefe (covered bonds).

A financial review of the fixed-income instrument identified by its ISIN DE000A1X3LL4 reveals key characteristics and its recent successful resolution as a matured bond issued by Deutsche Pfandbriefbank AG. This bond, originating from Germany and denominated in Euros (EUR), featured a fixed annual interest rate of 2.1%. The total size of this particular issuance was EUR 30,000,000, structured with a minimum lot size for investment set at EUR 100,000, typically catering to institutional or sophisticated investors. The bond reached its maturity date on December 11, 2023, and was repaid at its par value, consistent with a market price of 100% at the time of redemption, reflecting its single annual payment frequency throughout its term. The issuer, Deutsche Pfandbriefbank AG, is a prominent German specialized bank with a primary focus on real estate finance and public investment finance. Headquartered in Munich, Germany, the bank is a significant participant in the European real estate financing sector and is particularly recognized as a major issuer of Pfandbriefe, which are German covered bonds subject to rigorous regulatory oversight and backed by a robust pool of specific assets, thereby offering a high degree of security to investors. As officially confirmed, this bond has successfully concluded its lifecycle, having fully matured and subsequently been repaid, ensuring that the principal amount, along with any final coupon payment, has been disbursed to bondholders, thereby fulfilling all obligations under its original terms and underscoring the predictable nature of fixed-income investments held to term with a solvent issuer.