Bond AZ Bank 0% ( DE000DD5AXZ9 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DD5AXZ9 ( in EUR )
Interest rate	0%
Maturity	28/12/2029
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 000 EUR
Total amount	25 000 000 EUR
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. An in-depth analysis reveals details concerning a bond issuance identified by the ISIN code DE000DD5AXZ9. The issuer of this debt instrument is DZ Bank, the central institution and lead bank for the German cooperative banking sector, which holds a significant and influential position within Germany's financial services industry by providing comprehensive corporate banking, capital markets, and private banking solutions to its member cooperative banks and their clientele. This bond, originating from Germany, is denominated in Euros (EUR) and is presently trading at par, specifically at 100% of its face value. A distinctive feature of this bond is its 0% interest rate, effectively classifying it as a zero-coupon instrument, with no periodic interest payments distributed to bondholders. The total size of this particular issuance amounts to ?25,000,000, with a specified minimum investment threshold set at ?100,000. The bond is scheduled to reach its maturity on December 28, 2029, at which point the full principal amount will be repaid as the sole financial transaction.