Bond Daimler Global Finance B.V. 0.625% ( DE000A2RYD83 ) in EUR
| Issuer | Daimler Global Finance B.V. | ||
| Market price | 100 % ▼ | ||
| Country | Germany
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| ISIN code |
DE000A2RYD83 ( in EUR )
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| Interest rate | 0.625% per year ( payment 1 time a year) | ||
| Maturity | 27/02/2023 - Bond has expired | ||
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| Minimal amount | 1 000 EUR | ||
| Total amount | 1 500 000 000 EUR | ||
| Detailed description |
Daimler International Finance B.V. is a Netherlands-based subsidiary of Daimler AG, primarily engaged in financing and treasury activities for Daimler's global operations. This financial article details a specific bond issuance by Daimler International Finance B.V., identified by ISIN DE000A2RYD83, which has recently reached its full maturity. Daimler International Finance B.V. serves as a dedicated financing vehicle for Daimler AG, now known as Mercedes-Benz Group AG, a global leader in the automotive industry headquartered in Germany. As a key instrument for the group's capital market activities, this entity facilitates the raising of funds in international debt markets to support the extensive operations, strategic investments, and research and development initiatives of the parent company across its luxury car, vans, and mobility services segments worldwide. The bond, denominated in Euro (EUR), was issued from Germany and carried a fixed annual interest rate of 0.625%. With a substantial total issue size of 1,500,000,000 EUR, it represented a significant component of the issuer's funding strategy, offering a minimum lot size for investment set at 1,000 EUR. Its last reported market price before its scheduled redemption was 100% of its nominal value, indicative of its standing in the market. This debt instrument, which featured an annual payment frequency, reached its maturity date on February 27, 2023, and has since been fully redeemed and repaid to bondholders, thereby concluding its life cycle in the fixed income market. |
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