Bond AZ Bank 4.05% ( DE000DFN2MZ1 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DFN2MZ1 ( in EUR )
Interest rate	4.05% per year ( payment 1 time a year)
Maturity	26/11/2021 - Bond has expired
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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. A fixed-income security issued by DZ Bank, identified by ISIN DE000DFN2MZ1, has successfully reached its maturity date and been fully repaid. This particular bond, denominated in EUR, carried an annual interest rate of 4.05%. The total issuance volume for this debt instrument amounted to EUR 10,000,000, with a minimum lot size for investors set at EUR 100,000. Originating from Germany, this bond completed its lifecycle on its maturity date of November 26, 2021, and was repaid at its par value of 100%. DZ Bank, the issuer, serves as the central institution for Germany's cooperative banks, playing a pivotal role in the country's financial sector by providing a wide range of services including wholesale banking, asset management, and capital market activities for its network of member banks. The successful repayment of this bond underscores the financial stability and operational efficiency typically associated with such established financial institutions within the Eurozone.