Bond DZ BANK AG 1.5% ( DE000DDA0WF3 ) in EUR
Issuer | DZ BANK AG |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 1.5% per year ( payment 1 time a year) |
Maturity | 17/12/2024 - Bond has expired |
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Minimal amount | 100 000 EUR |
Total amount | 100 000 000 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. A detailed analysis of the fixed-income instrument identified by ISIN DE000DDA0WF3 reveals its characteristics as a bond issued by DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main, a pivotal institution within the German cooperative banking sector, functioning as a central bank and commercial bank for its affiliated credit unions, and operating as a significant wholesale bank and financial service provider across the German financial landscape. This debt instrument, originated in Germany, was last observed trading at 100% of its par value and was denominated in Euro (EUR). It provided an annual interest rate of 1.5% to its holders. The total size of this particular bond issuance amounted to EUR 100,000,000, with a specified minimum investment lot of EUR 100,000. The bond was structured with an annual payment frequency and reached its maturity date on December 17, 2024. Significantly, this financial obligation has since completed its full term and has been fully redeemed by the issuer, fulfilling its contractual commitments. |