Bond DZ BANK AG 1% ( DE000DW6CW72 ) in EUR

Issuer	DZ BANK AG
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DW6CW72 ( in EUR )
Interest rate	1% per year ( payment 1 time a year)
Maturity	02/10/2024 - Bond has expired
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Minimal amount	/
Total amount	100 000 000 EUR
Detailed description	DZ BANK AG, headquartered in Frankfurt am Main, is Germany's central cooperative bank, providing banking and financial services to cooperative banks and their customers nationwide. An informative analysis of the DE000DW6CW72 bond highlights its recent maturity and redemption, providing key insights into this fixed-income instrument and its issuer. This specific bond, identified by ISIN DE000DW6CW72, was issued by DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main, a pivotal institution within the German financial landscape. As a central institution and the leading bank for the German cooperative banking sector, DZ BANK AG plays a crucial role in providing wholesale banking services to local cooperative banks, managing extensive assets, and offering a broad spectrum of financial products and services, underscoring its significant standing and robust financial position within Germany and internationally. The bond, denominated in Euros (EUR), had an interest rate of 1% and represented a total issuance size of EUR 100,000,000, with interest payments disbursed on an annual frequency. Prior to its maturity, the bond was observed trading at 100% of its par value. The maturity date for this German-issued obligation was October 2, 2024, and as confirmed, the bond has successfully reached this date and has subsequently been fully redeemed.