Volkswagen Bank GmbH is a German financial services company offering a range of financial products, primarily focused on financing Volkswagen Group vehicles and related services.
An analysis of the matured bond, ISIN XS1055497769, issued by Volkswagen Bank, a prominent financial services arm of the Volkswagen Group based in Germany, reveals its complete lifecycle; this Euro-denominated debt instrument, originally issued for a total size of 600,000,000 EUR with a minimum lot size of 100,000 EUR, bore a 0% interest rate and was redeemed at 100% of its nominal value, having successfully reached its maturity date on April 11, 2016, and subsequently been fully repaid, thus concluding its financial obligation.
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