COBA 23/29 VARCOBA 23/29 VARCOBA 23/29 VAR

COBA 23/29 VAR

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Key terms


Outstanding amount
‪600.00 M‬EUR
Face value
100,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
5.25% (Variable)
Coupon frequency
Annual
Yield to maturity
3.56%
Maturity date
Mar 25, 2029
Term to maturity
4 years

About COBA 23/29 VAR


Sector
Finance
Industry
Regional Banks
Issue date
Sep 25, 2023
ISIN
DE000CZ439B6
Commerzbank AG engages in the provision of commercial banking services. It operates through the following business segments: Private and Small-Businesses Customers, Corporate Clients, and Others and Consolidation. The Private and Small-Businesses Customers segment focuses on the universal bank services for private and small-business customers, online securities transactions, and asset management. The Corporate Clients segment includes credit products and financing solutions for mid-size corporate clients, international corporations, and financial institutions. The Others and Consolidation segment contains the income and expenses which are not attributable to the business segments. The company was founded on February 26, 1870 and is headquartered in Frankfurt, Germany.
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