Bond AZ Bank 0.6% ( DE000DG4UAY8 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DG4UAY8 ( in EUR )
Interest rate	0.6% per year ( payment 1 time a year)
Maturity	22/06/2026
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Minimal amount	1 000 EUR
Total amount	15 000 000 EUR
Next Coupon	22/06/2026 ( In 293 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. A close examination of a recent fixed-income offering provides valuable insight into the European debt market landscape, centered on a specific bond issued by DZ Bank. The issuer, DZ Bank, holds a prominent and central position within Germany's cooperative banking sector, serving as the central institution and auditing association for a vast network of local cooperative banks. This pivotal role establishes DZ Bank as a key player in the German financial system, acting as a comprehensive corporate bank, investment bank, and service provider to its member institutions, thereby underpinning the stability and creditworthiness of its financial instruments. This particular obligation, identified by the ISIN DE000DG4UAY8, is a German-issued bond denominated in Euros. Structured with a maturity date of June 22, 2026, this short-to-medium term instrument carries a fixed annual interest rate of 0.6%. Its current market valuation stands at 100% of its nominal value, indicating it is trading at par. The total size of this issuance amounts to ?15,000,000, with a specified minimum investment lot of ?1,000, making it accessible to a range of investors. Interest payments are scheduled to occur with an annual frequency.