Bond DZ BANK AG 0.5% ( DE000DDA0XJ3 ) in EUR

Issuer	DZ BANK AG
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DDA0XJ3 ( in EUR )
Interest rate	0.5% per year ( payment 1 time a year)
Maturity	12/03/2031
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Minimal amount	100 000 EUR
Total amount	50 000 000 EUR
Next Coupon	12/03/2026 ( In 216 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 new bond issuance from DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main is now available on the market, offering investors a detailed glimpse into the fixed-income opportunities emanating from Germany's robust financial sector. DZ BANK AG, the central institution for the German cooperative banking sector, plays a pivotal role in the country's financial landscape. As a leading wholesale bank and the apex institution for around 750 local cooperative banks (Volksbanken Raiffeisenbanken), it provides a wide range of financial services including corporate banking, capital market services, and asset management. Its strong domestic presence and integrated business model position it as a significant and stable financial entity within the Eurozone, underscoring the reliability of its debt instruments. This specific debt instrument, identified by the ISIN DE000DDA0XJ3, is denominated in Euro (EUR) and was issued from Germany, reflecting the issuer's home market. The bond carries a fixed annual interest rate of 0.5%, indicating the coupon payment bondholders can expect. With a current market price at 100% of its nominal value, the bond is trading at par, suggesting a balanced perception of its yield relative to prevailing market conditions. The total size of this particular emission stands at EUR 50,000,000, providing substantial liquidity for the offering. For potential investors, the minimum lot size for participation is set at EUR 100,000, catering primarily to institutional or high-net-worth individual investors. The maturity date for this bond is scheduled for March 12, 2031, offering a medium-to-long term investment horizon. Interest payments will be made annually, with a frequency of one payment per year, providing a consistent income stream for bondholders over the life of the bond.