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Document Features
- Issuer: Commerzbank Aktiengesellschaft
- Type of Bond: Bearer Note
- Nominal Value: 10,000 US Dollars
- Total Issuance: 400,000,000 US Dollars
- Interest Rate: 4.625% per annum
- Date of Issue: July 22, 1997
- Maturity Date: July 23, 1999
- Place of Issue: Frankfurt am Main, Germany
- Visual Features: The document features a blue decorative border and the Commerzbank logo. It includes various authorized signatures and a "SPECIMEN" stamp.
Historical Context
Commerzbank, founded in 1870, is one of the leading banks in Germany and has played a significant role in the country's financial sector. It provides a wide range of banking services, including retail and commercial banking, investment banking, and asset management.
Company History:
- Foundation: Commerzbank was established in 1870 in Hamburg, Germany, to facilitate trade and commerce. Over the years, it expanded its operations across Germany and internationally.
- Evolution: The bank has gone through various phases of growth, including mergers and acquisitions, and has adapted to the changing financial landscape.
- Expansion: In the late 1990s, when this bond was issued, Commerzbank was expanding its presence in the global capital markets and enhancing its product offerings.
Bond Details:
- Bearer Note: This type of bond is transferable by delivery, meaning whoever holds the bond has the right to the interest payments and principal repayment.
- Nominal Value: Each bond is valued at 10,000 US Dollars.
- Interest Rate: The bond carries an interest rate of 4.625% per annum, paid annually.
- Issuance and Maturity Dates: Issued on July 22, 1997, with a maturity date of July 23, 1999.
- Total Issuance: 400,000,000 US Dollars, divided into various denominations.
- Listing: The bond is listed on the Luxembourg Stock Exchange.
- Signatures and Authentication: The document bears the signatures of authorized officials from Commerzbank, ensuring its validity.
Historical Significance
This bearer note represents a piece of financial history and is an example of the instruments used by large financial institutions to raise capital. Collectors and financial historians will find this document valuable for its historical and economic significance.
Conclusion
This document is a fascinating example of a bearer note issued by one of the most prominent banks in Germany. Its history, context, and features make it a valuable item for collectors and historians interested in the history of banking and global financial markets.
