Bond AZ Bank 0.7% ( DE000DG4UEQ6 ) in EUR
Issuer | AZ Bank |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 0.7% per year ( payment 1 time a year) |
Maturity | 27/03/2024 - Bond has expired |
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Minimal amount | 1 000 EUR |
Total amount | 40 000 000 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. An expired debt instrument, bearing the ISIN code DE000DG4UEQ6, was successfully redeemed on its maturity date of March 27, 2024. This bond was issued by DZ Bank, a prominent central institution within the German cooperative banking sector, originating from Germany. Denominated in EUR, the bond carried an annual interest rate of 0.7% and represented a total issuance size of EUR 40,000,000, with a minimum investment lot set at EUR 1,000. At the time of its maturity, the bond was valued at 100% of its principal, signifying its full repayment to investors in line with its annual payment frequency. This obligation has now completed its lifecycle, having been fully reimbursed by the issuer. |