Bond Kommerzbank AG 0% ( DE000CZ45VQ5 ) in EUR

Issuer	Kommerzbank AG
Market price	100 % ⇌
Country	Germany
ISIN code	DE000CZ45VQ5 ( in EUR )
Interest rate	0%
Maturity	17/02/2023 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	950 000 000 EUR
Detailed description	Commerzbank AG is a major German bank offering a wide range of financial services including corporate banking, private banking, and asset management, with a significant international presence. An examination of recent fixed-income activity highlights the successful maturity and redemption of a zero-coupon bond, identified by ISIN DE000CZ45VQ5. The issuer of this instrument is Commerzbank AG, a major German commercial bank based in Frankfurt am Main, providing a wide array of financial services to private, corporate, and institutional clients across Germany and internationally. This specific bond, issued from Germany and denominated in EUR, carried a 0% interest rate, characteristic of a zero-coupon structure, implying no periodic coupon payments and a single payment at maturity. It represented a substantial total issuance size of EUR 950,000,000, with a minimum lot size for purchase set at EUR 100,000. Having reached its maturity date on February 17, 2023, and observed at a market price of 100% at that time, this debt obligation has now officially matured and been fully repaid.