Bond AZ Bank 0% ( DE000DD5AJB9 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DD5AJB9 ( in EUR )
Interest rate	0%
Maturity	24/06/2026
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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. A specific debt instrument issued by DZ Bank, a prominent German financial institution serving as the central institution for approximately 700 cooperative banks in Germany and a significant player in the country's banking landscape, is currently observable in the fixed income market. This bond, identified by ISIN code DE000DD5AJB9, has a total issuance size of EUR 25,000,000 and is denominated in Euros. Originating from Germany, the security is presently trading at 100% of its nominal value. The bond carries a 0% interest rate, with a maturity date set for June 24, 2026, and an annual payment frequency. The minimum lot size for investment in this particular security is EUR 100,000. DZ Bank's pivotal role within the German cooperative banking sector involves providing wholesale banking services, capital market solutions, and treasury functions to its member banks, underscoring its systemic importance as a "bank for banks" in the German financial system.