Bond AZ Bank 0% ( DE000DG6CGW2 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DG6CGW2 ( in EUR )
Interest rate	0%
Maturity	23/06/2023 - Bond has expired
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	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. An analysis of the DE000DG6CGW2 bond, issued by DZ Bank, a prominent German cooperative central bank serving as a key wholesale institution and holding company for the cooperative banking sector in Germany, reveals its recent maturity and repayment. This specific debt instrument, denominated in EUR, featured a total issuance size of 25,000,000 with a minimum purchase lot of 100,000, and notably carried a 0% interest rate, indicating it was likely a zero-coupon bond or a short-term money market instrument designed for principal repayment at par. The bond reached its scheduled maturity date on June 23, 2023, at which point it was fully repaid to its holders, concluding its lifecycle as a financial obligation originating from Germany.