Bond DZ BANK AG 0.355% ( DE000DDA0MB3 ) in EUR

Issuer	DZ BANK AG
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DDA0MB3 ( in EUR )
Interest rate	0.355% per year ( payment 1 time a year)
Maturity	21/08/2023 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	50 000 000 EUR
Detailed description	DZ BANK AG, headquartered in Frankfurt am Main, is Germany's central cooperative bank, providing banking and financial services to cooperative banks and their customers nationwide. The bond identified by ISIN DE000DDA0MB3, issued by DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main, has successfully reached its maturity on August 21, 2023, and has subsequently been fully redeemed. DZ BANK AG, a prominent German cooperative central bank headquartered in Frankfurt am Main, serves as the central institution for approximately 800 cooperative banks in Germany, playing a crucial role in the country's financial landscape by providing a wide range of banking services and acting as a service provider for its member banks. This particular fixed-income instrument, denominated in EUR, carried an annual interest rate of 0.355% and was issued from Germany. With a total issuance size of 50,000,000 EUR and a minimum lot size for investment set at 100,000 EUR, the bond provided annual interest payments to its holders; prior to its redemption, it was trading at 100% of its nominal value. Upon its scheduled maturity date, the principal amount was repaid to bondholders, marking the successful conclusion of this specific financial obligation.