Bond AZ Bank 0.33% ( DE000DG4UGA5 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DG4UGA5 ( in EUR )
Interest rate	0.33% per year ( payment 1 time a year)
Maturity	30/11/2022 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	25 000 000 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 bond identified by ISIN DE000DG4UGA5, issued by DZ Bank, recently reached its maturity on November 30, 2022, and has been fully repaid to its holders. This debt instrument, denominated in Euros and issued out of Germany, carried an annual interest rate of 0.33%. The total issuance size for this bond was EUR 25,000,000, with a minimum lot size for investors set at EUR 1,000. Throughout its market tenure, the bond consistently traded at 100% of its face value, reflecting its stable profile leading up to its redemption. The issuer, DZ Bank, is a central institution for German cooperative banks, acting as a wholesale bank and the lead institution within the Volksbanken Raiffeisenbanken cooperative financial network. Headquartered in Frankfurt, Germany, DZ Bank provides a comprehensive range of financial services, including corporate banking, capital markets activities, and investment management, positioning it as a significant and reliable entity within the German and broader European financial landscape. The bond featured a single annual payment frequency, and its successful repayment at maturity on the specified date underscores the fulfillment of the issuer's commitments, returning principal to investors at par.