Bond AZ Bank 1.57% ( DE000DD5AC46 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DD5AC46 ( in EUR )
Interest rate	1.57% per year ( payment 1 time a year)
Maturity	23/06/2027
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Minimal amount	100 000 EUR
Total amount	50 000 000 EUR
Next Coupon	23/06/2026 ( In 298 days )
Detailed description	DZ Bank is a German investment bank headquartered in Frankfurt, offering a range of services including corporate banking, investment banking, and asset management. An insightful examination of the debt market reveals a notable fixed-income instrument, specifically an obligation identified by the ISIN code DE000DD5AC46, which is issued by DZ Bank, a prominent German cooperative central bank serving as the central institution for over 800 cooperative banks and one of the largest financial institutions in Germany, thereby anchoring this issuance within a robust and well-established financial framework in its country of origin, Germany; this particular bond is currently quoted at 100% of its nominal value in Euros (EUR), offering investors an annual interest rate of 1.57% with payments structured once a year, and it is slated to reach its maturity on June 23, 2027, having been issued as part of a larger tranche totaling ?50,000,000, with a stipulated minimum purchase increment of ?100,000, positioning it as a significant yet accessible component for institutional or larger private portfolios seeking exposure to German debt instruments.