Bond Danske Banken AS 0% ( XS2655987068 ) in USD

Issuer	Danske Banken AS
Market price	100 % ⇌
Country	Denmark
ISIN code	XS2655987068 ( in USD )
Interest rate	0%
Maturity	19/01/2024 - Bond has expired
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Detailed description	Danske Bank AS is a major financial services group headquartered in Copenhagen, Denmark, offering a range of banking services to both private and corporate customers across several countries in Northern Europe. This financial analysis details the recently matured bond, identified by ISIN XS2655987068, which was issued by Danske Bank AS, a leading financial services provider headquartered in Denmark with a significant presence across the Nordic region. Denominated in USD, this specific debt instrument was characterized by a 0% interest rate, categorizing it as a zero-coupon bond where investors typically derive returns from the discount at which it is purchased relative to its par value redemption. While the bond's general characteristics included a stated payment frequency of two (semi-annually), this specifically referred to the principal redemption or general data classification and was not applicable for periodic interest payments due to its zero-coupon structure. The bond reached its full maturity on January 19, 2024, at which point it was trading at 100% of its principal value, confirming its successful redemption to investors.