Bond AZ Bank 0.835% ( DE000DZ1J8Z5 ) in EUR

Issuer AZ Bank
Market price 100 %  ⇌ 
Country  Germany
ISIN code  DE000DZ1J8Z5 ( in EUR )
Interest rate 0.835% per year ( payment 1 time a year)
Maturity 02/02/2024 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 50 000 000 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.

The bond identified by ISIN DE000DZ1J8Z5, issued by DZ Bank, a pivotal central institution for the cooperative banks in Germany and a significant player in the European financial system offering extensive wholesale banking services encompassing corporate finance, capital markets solutions, and payment services, has successfully reached its maturity on February 2, 2024, and has subsequently been redeemed, with its market price effectively standing at 100% upon repayment; this Euro-denominated debt instrument, originally issued in Germany, carried a coupon rate of 0.835% with an annual payment frequency, forming part of a total issuance size of EUR 50,000,000 and having a minimum lot size for investors set at EUR 100,000.