Bond AZ Bank 0.59% ( DE000DD5AX58 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DD5AX58 ( in EUR )
Interest rate	0.59% per year ( payment 1 time a year)
Maturity	23/06/2028
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Minimal amount	100 000 EUR
Total amount	25 000 000 EUR
Next Coupon	23/06/2026 ( In 293 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 report details a specific bond issuance by DZ Bank, a prominent German financial institution, serving as the central institution for over 800 cooperative banks in Germany and operating as a wholesale bank offering a comprehensive array of financial services including corporate banking, capital markets, and asset management, thus representing a significant entity within the European financial landscape; the bond, identified by ISIN DE000DD5AX58 and originating from Germany, is currently trading at 100% of its par value on the market, denominated in Euro (EUR), and features a fixed annual coupon rate of 0.59%, with its interest payments structured to occur annually, providing a consistent income stream to bondholders until its maturity date on June 23, 2028; the total issuance size for this debt instrument amounts to EUR 25,000,000, with a notable minimum purchase requirement of EUR 100,000, typically appealing to institutional or sophisticated investors seeking exposure to a stable, low-yield debt instrument from a robust financial entity within the Eurozone.