Bond AZ Bank 1.21% ( DE000DD5AYW4 ) in EUR

Issuer	AZ Bank
Market price	100 % ▲
Country	Germany
ISIN code	DE000DD5AYW4 ( in EUR )
Interest rate	1.21% per year ( payment 1 time a year)
Maturity	28/12/2031
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 EUR
Total amount	25 000 000 EUR
Next Coupon	29/12/2025 ( In 119 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 detailed review of the bond market reveals a specific debt instrument issued by DZ Bank, a prominent German financial institution serving as the central organization for over 700 cooperative banks (Volksbanken Raiffeisenbanken) and a significant player in the commercial banking and capital markets sectors. This particular bond, identified by ISIN DE000DD5AYW4, originates from Germany and is denominated in Euro (EUR). It currently trades on the market at 100% of its nominal value, indicating a par valuation. The instrument offers a fixed annual coupon rate of 1.21% and is structured to reach its maturity on December 28, 2031, with interest payments distributed once per year. The total value of this specific issue amounts to EUR 25,000,000, and investors can acquire it in minimum lot sizes of 100 units.