Français
ItalianoBond AZ Bank 1.61% ( DE000DZ1KGE1 ) in EUR
| Issuer | AZ Bank |
| Market price | 99.81 % ▲ |
| Country |  Germany
|
| ISIN code |
 DE000DZ1KGE1 ( in EUR )
|
| Interest rate | 1.61% per year ( payment 1 time a year) |
| Maturity | 24/03/2025 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| 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. This report details the lifecycle and final resolution of a specific debt instrument, the DE000DZ1KGE1 bond. The issuer, DZ Bank, is a central institution and wholesale bank for Germany's extensive cooperative financial network, comprising over 700 cooperative banks. Operating as a leading financial services group, DZ Bank is instrumental in supporting its member institutions with a broad spectrum of banking, advisory, and capital markets services, thereby holding a significant position within the German financial sector. This particular Euro-denominated bond, identified by ISIN DE000DZ1KGE1 and issued in Germany, was structured with a fixed annual interest rate of 1.61% and was scheduled to mature on March 24, 2025. While an indicative market price of 99.81% was observed during its trading period, the key development concerning this obligation is its recent status: the bond has successfully reached its maturity date and has subsequently been fully redeemed, ensuring the complete repayment of principal to its bondholders. |