Bond DZ BANK AG 4.025% ( DE000DFK0A22 ) in EUR
Issuer | DZ BANK AG |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 4.025% per year ( payment 1 time a year) |
Maturity | 28/06/2023 - Bond has expired |
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Minimal amount | 100 000 EUR |
Total amount | 1 000 000 000 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. DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main, the central institution for Germany's cooperative banks headquartered in Frankfurt am Main, Germany, recently concluded a significant debt instrument, as its bond with ISIN DE000DFK0A22 reached full maturity and was subsequently redeemed. This conventional bond, denominated in Euros (EUR) and issued within Germany, featured an annual interest rate of 4.025% and represented a total issuance volume of EUR 1,000,000,000. It was initially available to investors in minimum tranche sizes of EUR 100,000, with interest payments scheduled on an annual basis. The bond successfully matured on June 28, 2023, at which point it was redeemed at its current market price of 100% of its principal amount, completing the financial obligation. |