Bond Wiederaufbaukreditanstalt 9.75% ( XS1399387478 ) in TRY

Issuer Wiederaufbaukreditanstalt
Market price 100 %  ▲ 
Country  Germany
ISIN code  XS1399387478 ( in TRY )
Interest rate 9.75% per year ( payment 1 time a year)
Maturity 16/02/2021 - Bond has expired



Prospectus brochure of the bond Kreditanstalt für Wiederaufbau XS1399387478 in TRY 9.75%, expired


Minimal amount 1 000 TRY
Total amount 125 000 000 TRY
Detailed description The Kreditanstalt für Wiederaufbau (KfW) is a German state-owned promotional bank that provides loans and other financial services to promote economic development in Germany and abroad.

**Analysis of the Matured Kreditanstalt für Wiederaufbau (KfW) XS1399387478 Bond** This financial article details the specifications and recent redemption of a bond issued by Kreditanstalt für Wiederaufbau, identified by ISIN XS1399387478. Kreditanstalt für Wiederaufbau, commonly known as KfW, is a German state-owned development bank established in 1948. Renowned for its robust creditworthiness, often implicitly or explicitly backed by the German federal government, KfW plays a crucial role in financing domestic and international development projects, infrastructure, and environmental initiatives, making its debt instruments highly regarded in global fixed-income markets. Originating from Germany, this bond was denominated in Turkish Lira (TRY) and carried a fixed annual interest rate of 9.75%. The total issue size amounted to 125,000,000 TRY, with a minimum investment lot set at 1,000 TRY. The bond?s maturity date was February 16, 2021, and interest payments were scheduled annually. On its maturity date, the bond's market price stood at 100% of its nominal value, confirming its full redemption at par. This bond has since fully matured and been reimbursed to investors, concluding its financial cycle.