Bond Decabank 0.66% ( DE000DK0ZPH2 ) in NOK

Issuer	Decabank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DK0ZPH2 ( in NOK )
Interest rate	0.66% per year ( payment 1 time a year)
Maturity	05/02/2024 - Bond has expired
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Minimal amount	1 000 NOK
Total amount	25 000 000 NOK
Detailed description	Dekabank is the central asset manager and capital markets provider for the German Sparkassen financial group. The DE000DK0ZPH2 bond, issued by Dekabank, a prominent German financial institution serving as the central service provider for the Sparkassen-Finanzgruppe, one of Europe's largest financial groups, has completed its lifecycle. This fixed-income instrument, originating from Germany, was denominated in Norwegian Krone (NOK) and featured an annual interest rate of 0.66%. The total issue size amounted to 25,000,000 NOK, with a minimum purchase increment set at 1,000 NOK. Having traded at 100% of its nominal value, the bond reached its scheduled maturity date on February 5, 2024, and has since been fully redeemed, concluding its presence on the market.