Bond Deutsch Pfandbriefbank AG 2.1% ( DE000A1X3LZ4 ) in EUR

Issuer	Deutsch Pfandbriefbank AG
Market price	100 % ⇌
Country	Germany
ISIN code	DE000A1X3LZ4 ( in EUR )
Interest rate	2.1% per year ( payment 1 time a year)
Maturity	19/02/2024 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	10 000 000 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). This article details the characteristics of a now-matured debt instrument issued by Deutsche Pfandbriefbank AG, a specialized German real estate and public sector financier that provides property financing and public investment loans. The bond, identified by ISIN DE000A1X3LZ4, was denominated in EUR with a total issuance size of ?10,000,000 and offered an annual interest rate (coupon) of 2.1%. Issued from Germany, the bond had a minimum lot size for investment of ?100,000. It reached its scheduled maturity date on February 19, 2024, at which point its market price was observed at 100% of its nominal value, confirming its principal repayment. This fixed-income security, which featured an annual payment frequency, has since been fully redeemed upon its maturity, concluding its lifecycle within the fixed-income market.