Bond AZ Bank 1.09% ( DE000DDA0LD1 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DDA0LD1 ( in EUR )
Interest rate	1.09% per year ( payment 1 time a year)
Maturity	28/06/2030
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	14 000 000 EUR
Next Coupon	28/06/2026 ( In 300 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 Issues New Fixed-Income Instrument Maturing 2030 A new fixed-income instrument, identified by the International Securities Identification Number (ISIN) DE000DDA0LD1, has been brought to the market by DZ Bank. This bond, originating from Germany, presents a specific set of characteristics for investors seeking exposure to the European financial sector's debt offerings. The issuer, DZ Bank (Deutsche Zentral-Genossenschaftsbank), stands as a central institution within Germany's robust cooperative banking sector. It acts as a wholesale bank and holding company for the extensive cooperative financial network, providing a comprehensive range of financial services, including corporate banking, capital markets operations, and asset management. Its substantial presence and systemic importance within the German financial system significantly underpin its activities in issuing debt instruments on the capital markets. This particular bond is denominated in Euros (EUR) and carries a fixed annual interest rate, or coupon, of 1.09%. Its definitive maturity date is set for June 28, 2030, offering investors a medium-to-long-term investment horizon. The current market price for this security is observed at 100% of its nominal value, indicating that it is presently trading at par. The total issuance volume for this specific debt instrument amounts to EUR 14,000,000. Reflecting its intended target audience, the minimum investment increment for acquiring this security is set at EUR 100,000. This higher minimum lot size typically aligns with offerings primarily directed at institutional investors, such as fund managers, pension funds, or larger private wealth clients, rather than broader individual retail participation. Furthermore, interest payments to bondholders are structured on an annual basis, confirming a payment frequency of once per year.