Bond AZ Bank 0.18% ( DE000DD5AV19 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DD5AV19 ( in EUR )
Interest rate	0.18% per year ( payment 1 time a year)
Maturity	24/06/2026
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Minimal amount	100 000 EUR
Total amount	25 000 000 EUR
Next Coupon	24/06/2026 ( In 299 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. A recent bond issuance from DZ Bank, Germany's central institution for the cooperative banking sector, has garnered attention in the fixed-income market. This specific debt instrument, identified by its ISIN DE000DD5AV19, is structured as a conventional bond, with its coupon rate of 0.18% reflecting the prevailing low-yield environment characteristic of the Eurozone's monetary policy landscape at the time of its issuance or recent market conditions. Scheduled to mature on June 24, 2026, this bond offers a defined, relatively short-to-medium-term horizon for investors seeking exposure to the German financial sector. The total size of the issuance is ?25,000,000, denominated in Euros, and it is currently observed to be trading at its par value of 100% on the secondary market. A crucial characteristic for potential buyers is the minimum subscription amount of ?100,000, which clearly targets institutional investors or high-net-worth individuals, delineating it from typical retail offerings. Interest payments are disbursed annually, providing a regular income stream to bondholders. The issuer, DZ Bank, holds a pivotal position within the German financial system, serving as the central bank for approximately 800 cooperative banks, thereby acting as a strategic partner and service provider for a significant segment of Germany's banking landscape; its multifaceted operations encompass wholesale banking, capital markets, and asset management, underpinning the perceived creditworthiness and stability of its debt instruments.