Bond DZ BANK AG 0.7% ( DE000DDA0TY0 ) in EUR

Issuer	DZ BANK AG
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DDA0TY0 ( in EUR )
Interest rate	0.7% per year ( payment 1 time a year)
Maturity	16/10/2034
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Minimal amount	1 000 EUR
Total amount	25 000 000 EUR
Next Coupon	16/10/2025 ( In 69 days )
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. A notable offering in the fixed-income market is the bond identified by ISIN DE000DDA0TY0, issued by DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main. Headquartered in Frankfurt am Main, Germany, DZ BANK AG serves as the central institution for the more than 700 cooperative banks in Germany, forming one of the largest and most significant financial groups in the country. This institution plays a pivotal role in the German financial system, providing a wide range of wholesale banking services, investment banking, and capital market solutions for its member banks and their clients, alongside its own commercial banking activities, thereby underpinning the creditworthiness of its debt instruments. This particular bond, issued out of Germany, is currently quoted at its par value of 100% of its nominal principal, denominated in Euros (EUR), and carries an annual coupon rate of 0.7%, reflecting current market conditions for high-quality, long-dated debt. The total issue size for this bond amounts to EUR 25,000,000, with a minimum trading lot size of EUR 1,000, making it accessible to a range of institutional and qualified individual investors. With a maturity date set for October 16, 2034, this instrument offers a long-term investment horizon, providing a steady income stream through its annual payment frequency, representing an opportunity for investors seeking exposure to the German financial sector via a reputable issuer, offering a defined yield over a substantial period.