Bond Decabank 0% ( DE000DK0QNV7 ) in EUR
| Issuer | Decabank |
| Market price | 100 % ⇌ |
| Country | Germany
|
| ISIN code |
DE000DK0QNV7 ( in EUR )
|
| Interest rate | 0% |
| Maturity | 12/10/2018 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 500 000 EUR |
| Total amount | 200 000 000 EUR |
| Detailed description |
Dekabank is the central asset manager and capital markets provider for the German Sparkassen financial group. An analysis of the financial instrument identified by ISIN DE000DK0QNV7 reveals a matured bond issued by Dekabank, a prominent German financial institution serving as the central asset manager for the Sparkassen-Finanzgruppe, which originated from Germany as a EUR 200,000,000 zero-coupon issuance, denominated in EUR, requiring a minimum purchase of EUR 500,000, and despite its 0% interest rate, implying a single payment at maturity, was valued at 100% and successfully reached its maturity on October 12, 2018, having since been fully repaid. |
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