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ItalianoBond JYSKE BANK A/S 0% ( FR0127751677 ) in USD
| Issuer | JYSKE BANK A/S | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  Denmark
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| ISIN code |
 FR0127751677 ( in USD )
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| Interest rate | 0% | ||||||||
| Maturity | 21/08/2023 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | / | ||||||||
| Total amount | / | ||||||||
| Detailed description |
JYSK Bank A/S is a Danish retail bank offering a range of financial services including mortgages, loans, savings accounts, and payment solutions primarily to private customers in Denmark and selected other markets. This financial article reports on the maturity and subsequent redemption of a specific bond issued by JYSKE BANK A/S, a prominent financial institution based in Denmark. The bond, identified by ISIN FR0127751677, reached its maturity date on August 21, 2023, at which point it was fully redeemed. Denominated in USD, this obligation carried a zero percent interest rate, indicating it functioned as a zero-coupon bond or was structured without periodic coupon payments. Upon its maturity, the bond's market price was recorded at 100%, signifying that holders received the full principal amount back, consistent with a bond being repaid at par value. While a payment frequency of two was indicated, for a bond with a zero percent interest rate that has been redeemed, this typically pertains to a structural parameter rather than implying recurring coupon distributions, with the primary financial event being the singular principal repayment upon its August 2023 maturity. |
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