Bond AZ Bank 0.38% ( DE000DFK0G18 ) in EUR

Issuer	AZ Bank
Market price	100 % ▲
Country	Germany
ISIN code	DE000DFK0G18 ( in EUR )
Interest rate	0.38% per year ( payment 1 time a year)
Maturity	08/02/2033
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	40 000 000 EUR
Next Coupon	08/02/2026 ( In 158 days )
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. This financial analysis outlines the key characteristics of a debt instrument issued by DZ Bank, identifiable by the International Securities Identification Number (ISIN) DE000DFK0G18. DZ Bank AG, the issuer of this bond, holds a pivotal position within the German financial system as the central institution for the country's cooperative banks, serving as the strategic hub for the Volksbanken Raiffeisenbanken cooperative financial network. Its comprehensive role encompasses commercial banking activities, acting as a central bank for its affiliated cooperative institutions, and providing asset management services, thereby contributing significantly to the stability and functionality of the German banking sector. This bond, issued from Germany, is currently priced at 100% of its nominal value in the market and is denominated in Euros (EUR). It carries an annual interest rate of 0.38%, with coupon payments scheduled to occur once per year. The total size of this particular bond issuance amounts to EUR 40,000,000, while the minimum investment tranche for participants is set at EUR 100,000. The bond is slated to mature on February 8, 2033, offering investors a defined term for their fixed-income commitment.