Bond DekaBank Zentral 0.01% ( XS2366703259 ) in EUR
| Issuer | DekaBank Zentral | ||
| Market price | 100 % ▲ | ||
| Country | Germany
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| ISIN code |
XS2366703259 ( in EUR )
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| Interest rate | 0.01% per year ( payment 1 time a year) | ||
| Maturity | 22/07/2026 - Bond has expired | ||
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| Minimal amount | 100 000 EUR | ||
| Total amount | 250 000 000 EUR | ||
| Detailed description |
DekaBank Deutsche Girozentrale is a German universal bank, a subsidiary of the Sparkassen-Finanzgruppe, providing financial services to corporate and institutional clients, as well as private individuals. An examination of the bond market reveals insights into specific financial instruments, such as the bond identified by ISIN code XS2366703259, which was issued by DekaBank Dt.Girozentrale. DekaBank Dt.Girozentrale, a prominent financial institution based in Germany, serves as the central asset manager for the German Savings Banks Finance Group (Sparkassen-Finanzgruppe), playing a crucial role in the country's financial landscape by providing a comprehensive range of investment services and products, including the issuance of debt instruments. This particular bond, denominated in Euros (EUR), originated from Germany and carried a fixed annual interest rate of 0.01%, reflecting certain market conditions prevalent at the time of its issuance. The total size of this bond offering amounted to EUR 250,000,000, structured to accommodate investments with a minimum tranche size of EUR 100,000. The bond was set to mature on July 22, 2026, with interest payments scheduled to occur annually. It has now been confirmed that this bond reached its scheduled maturity date and has subsequently been fully reimbursed, ensuring the return of principal to all bondholders. |
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