Bond AZ Bank 0.75% ( DE000DD5AXQ8 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DD5AXQ8 ( in EUR )
Interest rate	0.75% per year ( payment 1 time a year)
Maturity	28/12/2029
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Minimal amount	100 000 EUR
Total amount	25 000 000 EUR
Next Coupon	28/12/2025 ( In 118 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. DZ Bank, the central institution for Germany's cooperative banks and a significant entity within the German financial system, has launched a new fixed-income security, further diversifying its funding instruments. This specific bond, identified by its ISIN DE000DD5AXQ8, is issued from Germany and is denominated in Euros (EUR). Currently trading at 100% of its nominal value on the market, the instrument offers an annual interest rate of 0.75%. Interest payments are scheduled to occur once per year, providing regular income to bondholders. The total issue size for this offering is set at EUR 25,000,000, making it a substantial issuance in the current market. Designed primarily for institutional investors, the minimum lot size for participation is EUR 100,000. This particular bond is slated to reach its maturity on December 28, 2029, offering a medium-term investment horizon for those seeking exposure to a German financial institution.