Bond KFWB 0.03% ( XS2343823659 ) in HKD

Issuer	KFWB
Market price	100 % ⇌
Country	Germany
ISIN code	XS2343823659 ( in HKD )
Interest rate	0.03% per year ( payment 1 time a year)
Maturity	20/05/2022 - Bond has expired
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Minimal amount	1 000 000 HKD
Total amount	150 000 000 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. This financial analysis focuses on a specific bond issuance, identified by ISIN code XS2343823659, which has recently reached its maturity and been fully redeemed. Issued by KfW (Kreditanstalt für Wiederaufbau), a German state-owned development bank renowned for its strong creditworthiness and its integral role in supporting economic development and environmental protection initiatives both domestically and internationally, this debt instrument was denominated in Hong Kong Dollars (HKD). The bond, originating from Germany, was initially issued with a total size of HKD 150,000,000, featuring a notably low annual interest rate of 0.03% and made available for investment in minimum lot sizes of HKD 1,000,000. With its maturity date on May 20, 2022, the bond was successfully redeemed at its par value of 100%, ensuring full repayment to investors as per its stipulated terms and conditions.