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ItalianoBond AZ Bank 1.4% ( DE000DW6CYB9 ) in EUR
| Issuer | AZ Bank |
| Market price | 100 % ⇌ |
| Country |  Germany
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| ISIN code |
 DE000DW6CYB9 ( in EUR )
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| Interest rate | 1.4% per year ( payment 1 time a year) |
| Maturity | 04/04/2024 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| 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. The DE000DW6CYB9 bond, a specific fixed-income instrument issued by DZ Bank, has successfully concluded its lifecycle, having matured and been fully redeemed on April 4, 2024. This Euro-denominated security, originating from Germany, featured an annual interest rate of 1.4% and saw its principal repaid at 100% of its face value, reflecting its final market price at redemption. DZ Bank, the esteemed issuer, stands as the central institution for over 800 cooperative banks in Germany, making it a pivotal entity within the nation's financial sector. Operating across a broad spectrum of financial services including corporate banking, capital markets, and asset management, DZ Bank's robust standing as one of Germany's largest banks underlines the creditworthiness associated with its debt instruments. The single payment frequency throughout its tenure ensured a streamlined interest distribution, culminating in the orderly repayment of this bond on its stipulated maturity date, thereby completing the investment cycle for its holders. |