Bond RealCredit Danmark 11% ( DK0009245474 ) in DKK

Issuer	RealCredit Danmark
Market price	100 % ⇌
Country	Denmark
ISIN code	DK0009245474 ( in DKK )
Interest rate	11% per year ( payment 1 time a year)
Maturity	01/10/2022 - Bond has expired
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Minimal amount	1 DKK
Total amount	733 520 DKK
Detailed description	Realkredit Danmark is a large Danish mortgage credit institution offering a wide range of mortgage products and services to both private and institutional clients, specializing in the Danish mortgage market. A specific bond issuance, identified by ISIN DK0009245474 and issued by Realkredit Danmark, has successfully reached its maturity and been fully repaid. Realkredit Danmark, a prominent Danish mortgage credit institution, operates as a subsidiary of Danske Bank, one of the largest financial institutions in Denmark; it plays a crucial role in the Danish housing market by providing long-term financing primarily through the issuance of mortgage bonds, which are known for their high credit quality and efficiency. This particular bond, denominated in Danish Krone (DKK), originated from Denmark and carried a notably high annual interest rate of 11%, with a payment frequency of one per year. The total issue size amounted to 733,520 units, with a minimum lot for purchase set at 1 unit. The bond's maturity date was October 1, 2022, and at its maturity, it was trading at 100% of its face value, signaling a full principal repayment to its holders as per its terms, thereby concluding its lifecycle as a financial instrument.