Bond DZ BANK AG 0.75% ( DE000WGZ7HY5 ) in EUR

Issuer DZ BANK AG
Market price 100 %  ⇌ 
Country  Germany
ISIN code  DE000WGZ7HY5 ( in EUR )
Interest rate 0.75% per year ( payment 1 time a year)
Maturity 29/09/2016 - Bond has expired



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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 fixed-income market recently observed the successful redemption of a particular bond instrument, identified by its ISIN DE000WGZ7HY5. Issued by DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main, a prominent German financial institution serving as the central institution for the cooperative banking group in Germany and a significant commercial bank, this bond reached its full maturity. Originating from Germany, the EUR-denominated security provided investors with an annual interest rate of 0.75%, disbursed once per year. Upon its scheduled maturity date of September 29, 2016, the bond was fully repaid to investors at its par value, consistent with a 100% market price at redemption, concluding its lifecycle within the debt capital markets.