Bond KFWB 0% ( XS2438629573 ) in DKK

Issuer KFWB
Market price 100 %  ⇌ 
Country  Germany
ISIN code  XS2438629573 ( in DKK )
Interest rate 0%
Maturity 15/11/2024 - Bond has expired



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Minimal amount 10 000 DKK
Total amount 1 000 000 000 DKK
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.

The bond identified by ISIN XS2438629573, issued by KFW, a prominent German state-owned development bank operating from Germany and renowned for its significant contributions to global development and financing initiatives, has recently reached its maturity on November 15, 2024, and has subsequently been fully redeemed. This particular obligation, a zero-coupon instrument bearing no periodic interest (0% coupon rate), was structured with a single payment event for principal occurring upon its maturity, and was denominated in Danish Krone (DKK), representing a total issuance size of DKK 1,000,000,000, with a minimum trading increment set at DKK 10,000; throughout its lifecycle, the bond was observed to be trading at a market price of 100%, and has now successfully completed its full financial cycle, having been repaid to its investors at par.