Bond AZ Bank 0.75% ( DE000DD5ANS5 ) in EUR
Issuer | AZ Bank |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0.75% per year ( payment 1 time a year) |
Maturity | 23/12/2026 |
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Minimal amount | 10 000 EUR |
Total amount | 10 000 000 EUR |
Next Coupon | 23/12/2025 ( In 116 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. This financial analysis details a specific debt instrument, a bond (Obligation), issued by DZ Bank, a pivotal institution within Germany's cooperative banking sector. As the central institution for approximately 850 cooperative banks, DZ Bank plays a significant role in the German financial landscape, providing a wide range of banking and financial services. This particular bond, originating from Germany, carries the International Securities Identification Number (ISIN) DE000DD5ANS5. The instrument is denominated in Euros (EUR) and is currently trading at its par value of 100% on the market, indicating that its yield aligns with current market expectations for a security of its profile. It offers an annual interest rate, or coupon, of 0.75%, reflecting the prevailing low-interest-rate environment for highly-rated German debt. The total size of this bond issuance amounts to EUR 10,000,000, with a minimum investment threshold, or lot size, set at EUR 10,000. This bond has a defined maturity date of December 23, 2026, positioning it as a short-to-medium-term fixed-income investment. Interest payments are scheduled to occur with an annual frequency (1 time per year), providing regular income to bondholders until maturity. |