Bond KFWB 0.4% ( XS2205083236 ) in HKD

Issuer	KFWB
Market price	100 % ⇌
Country	Germany
ISIN code	XS2205083236 ( in HKD )
Interest rate	0.4% per year ( payment 1 time a year)
Maturity	15/07/2021 - Bond has expired
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Minimal amount	1 000 000 HKD
Total amount	100 000 000 HKD
Detailed description	KFW is a German state-owned promotional bank that provides financing for projects in developing and emerging countries, as well as supporting sustainable development and climate action initiatives in Germany and abroad. An in-depth review of the bond identified by ISIN XS2205083236 reveals its critical specifications and status within the fixed-income market. The issuer, KFW (Kreditanstalt für Wiederaufbau), stands as a highly reputable German state-owned development bank, globally recognized for its robust financial standing and frequently achieving top-tier credit ratings, typically AAA, reflecting its role in fostering economic development, environmental protection, and social infrastructure projects both within Germany and internationally through various financing initiatives. This specific debt instrument, originating from Germany, was structured with an annual interest rate of 0.4% and denominated in Hong Kong Dollars (HKD), representing a total issuance volume of HKD 100,000,000, with a minimum investment lot established at HKD 1,000,000. Crucially, the bond reached its predetermined maturity date on July 15, 2021, at which point it was redeemed at par, consistent with a principal repayment at 100% of its face value, having successfully fulfilled its obligations and been fully repaid to its holders.