Bond AZ Bank 0% ( DE000DD5AHX7 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DD5AHX7 ( in EUR )
Interest rate	0%
Maturity	25/06/2029
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Minimal amount	100 000 EUR
Total amount	25 000 000 EUR
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 offering of particular note within the European fixed income market is the bond identified by ISIN DE000DD5AHX7, issued by DZ Bank, a central and significant German financial institution serving as the apex organization for Germany's extensive cooperative banking sector, providing wholesale banking services and acting as a liquidity manager for hundreds of affiliated banks across the country. This Euro-denominated debt instrument, originating from Germany, is currently quoted at 100% of its par value on the market and is set to mature on June 25, 2029; notably, it carries a stated interest rate of 0%, indicating it is structured as a zero-coupon bond where investors are anticipated to receive only the principal at maturity without any periodic interest payments throughout its life. The total size of this particular issuance stands at 25,000,000 EUR, with a minimum lot size for investment set at 100,000 EUR.