Bond AZ Bank 0% ( DE000DDA0XA2 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DDA0XA2 ( in EUR )
Interest rate	0%
Maturity	20/02/2030
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	10 000 000 EUR
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. Investors are currently evaluating a new debt instrument issued by DZ Bank, identified by its ISIN DE000DDA0XA2. DZ Bank, a prominent financial institution headquartered in Germany, serves as the central institution for the country's cooperative banks, solidifying its position as one of Germany's largest financial service providers. Its significant role within the German banking sector encompasses a broad spectrum of services, including corporate finance, capital markets operations, and comprehensive support for its network of member institutions, thereby underpinning its extensive capital market activities. This specific bond, a German-issued obligation denominated in Euros (EUR), carries a nominal interest rate of 0%. Currently trading at 100% of its face value, this pricing implies that investors purchasing the bond at this level would realize no yield if held until its maturity date on February 20, 2030, given that the redemption value also stands at 100%. The total size of this bond issuance is EUR 10,000,000, with a minimum investment threshold set at EUR 100,000. Consistent with its zero-coupon characteristic, the bond is structured to deliver a single payment at its maturity, rather than through periodic interest disbursements.