Bond Münchner Hypothekenbank eg 0.15% ( DE000MHB61T5 ) in EUR

Issuer	Münchner Hypothekenbank eg
Market price	100 % ⇌
Country	Germany
ISIN code	DE000MHB61T5 ( in EUR )
Interest rate	0.15% per year ( payment 1 time a year)
Maturity	27/09/2023 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	25 000 000 EUR
Detailed description	Münchener Hypothekenbank eG is a German cooperative bank specializing in mortgage lending and real estate financing. An analysis of the recently matured bond issued by Münchener Hypothekenbank eG, identifiable by its ISIN code DE000MHB61T5, provides insight into a specific segment of the German financial market. Münchener Hypothekenbank eG, a leading cooperative mortgage bank headquartered in Germany, specializes in real estate financing, offering a broad spectrum of services that underpin both residential and commercial property markets. As a cooperative institution, its operational model emphasizes member ownership and a focus on fostering regional economic stability, frequently leveraging various debt instruments to support its lending activities and comply with regulatory frameworks. This particular fixed-income instrument, issued in Germany and denominated in Euros, carried a coupon rate of 0.15% per annum, with interest disbursements occurring annually. The total issuance volume for this bond stood at EUR 25,000,000, reflecting a significant capital raise for the issuer. Structured with a minimum denomination for purchase set at EUR 100,000, this bond was primarily positioned for institutional investors or high-net-worth individuals, indicating a wholesale market orientation rather than broad retail distribution. Upon its maturity on September 27, 2023, the bond's final market price was recorded at 100% of its principal value, confirming that the obligation was fully redeemed, thereby returning the face value to all bondholders as per its terms.