Bond AZ Bank 0% ( DE000DD5AMV1 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DD5AMV1 ( in EUR )
Interest rate	0%
Maturity	27/12/2028
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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. This financial article details a zero-coupon bond (ISIN: DE000DD5AMV1) issued by DZ Bank, a prominent German cooperative bank serving as the central institution for the country's Volksbanken Raiffeisenbanken network, providing diverse financial services ranging from corporate banking to capital markets activities. The debt instrument, denominated in EUR, carries a 0% interest rate, indicating it is a zero-coupon bond where the investor's return typically comes from purchasing it at a discount to its par value, though its current market price stands at 100%, implying a 0% yield to maturity if held until its scheduled repayment of principal at maturity on December 27, 2028. Issued in Germany, the bond has a total offering size of EUR 25,000,000 and a minimum investment threshold set at EUR 100,000.