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ItalianoBond DZ BANK AG 2.52% ( DE000DZ1KG88 ) in EUR
| Issuer | DZ BANK AG |
| Market price | 100 % ⇌ |
| Country |  Germany
|
| ISIN code |
 DE000DZ1KG88 ( in EUR )
|
| Interest rate | 2.52% per year ( payment 1 time a year) |
| Maturity | 22/06/2022 - Bond has expired |
|
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| Minimal amount | 1 000 EUR |
| Total amount | 10 000 000 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. This financial article presents a detailed analysis of a bond issuance, ISIN DE000DZ1KG88, from DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main, a central institution within Germany's cooperative banking sector and a leading wholesale bank for approximately 750 local cooperative banks, providing a broad spectrum of financial services; the bond, originally issued in Germany, was denominated in EUR with an interest rate of 2.52% and an annual payment frequency, representing a total issue size of EUR 10,000,000 and a minimum purchase increment of EUR 1,000, which, having been quoted at 100% of its par value at the time of its maturity, successfully reached its redemption date on June 22, 2022, and has since been fully repaid to investors. |