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ItalianoBond AZ Bank 1.48% ( DE000DZ1J3C5 ) in EUR
| Issuer | AZ Bank |
| Market price | 100 % ⇌ |
| Country |  Germany
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| ISIN code |
 DE000DZ1J3C5 ( in EUR )
|
| Interest rate | 1.48% per year ( payment 1 time a year) |
| Maturity | 23/09/2022 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| 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. This financial article details the DE000DZ1J3C5 bond, a fixed-income instrument issued by DZ Bank, the central institution and liquidity manager for Germany's cooperative banking sector (Volksbanken Raiffeisenbanken), which plays a significant role in the nation's financial stability and economic development. This bond, denominated in EUR and issued from Germany, featured an annual interest rate of 1.48% and represented a total issuance size of EUR 25,000,000, with a minimum lot size for investment established at EUR 100,000. Originally priced at 100% of its nominal value, the security reached its scheduled maturity on September 23, 2022, and has subsequently been fully repaid, thereby concluding its financial cycle and fulfilling the issuer's obligations to its bondholders. |