Bond AZ Bank 1.16% ( DE000DD5AP58 ) in EUR

Issuer	AZ Bank
Market price	100 % ▲
Country	Germany
ISIN code	DE000DD5AP58 ( in EUR )
Interest rate	1.16% per year ( payment 1 time a year)
Maturity	22/12/2027
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Minimal amount	100 000 EUR
Total amount	25 000 000 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. Investors are currently evaluating the DE000DD5AP58 bond, a Euro-denominated debt instrument issued by DZ Bank, the central institution within the German cooperative banking sector and a significant financial services provider in Germany, acting as the clearing and service bank for hundreds of local cooperative banks. This bond, originating from Germany, is presently trading at its par value of 100% and offers an annual interest rate of 1.16% on its total issuance size of ?25,000,000; with a minimum investment tranche set at ?100,000, the security is scheduled to mature on December 22, 2027, and provides interest payments once per year.