Bond DZ BANK AG 2.4% ( DE000DW6CYR5 ) in EUR
Issuer | DZ BANK AG |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 2.4% per year ( payment 1 time a year) |
Maturity | 18/10/2024 - Bond has expired |
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Minimal amount | / |
Total amount | 150 000 000 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. The bond identified by ISIN DE000DW6CYR5, issued by DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main, successfully reached its maturity date on October 18, 2024, and has been fully repaid to investors. DZ BANK AG, headquartered in Frankfurt am Main, Germany, stands as the central institution for the cooperative banks in Germany, an integral part of one of the country's largest financial groups, providing comprehensive wholesale banking and financial services to its member banks, as well as serving corporate clients and institutional investors, thereby solidifying its position as a key player in the German financial landscape. This particular debt instrument, denominated in EUR and originating from Germany, featured a fixed annual interest rate of 2.4% and was part of a total issuance size amounting to EUR 150,000,000; throughout its term, interest payments were consistently made on an annual basis. Upon its recent maturity, the bond was fully redeemed at 100% of its nominal value, ensuring the complete return of principal to its bondholders. |