Bond AZ Bank 0.5% ( DE000WGZ8SY0 ) in EUR

Issuer AZ Bank
Market price 100 %  ⇌ 
Country  Germany
ISIN code  DE000WGZ8SY0 ( in EUR )
Interest rate 0.5% per year ( payment 1 time a year)
Maturity 12/09/2023 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 100 000 000 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.

A recently matured debt instrument, identified by ISIN DE000WGZ8SY0, was a bond issued by DZ Bank, the central institution and an important player within Germany's cooperative banking sector, providing a wide array of financial services to its member banks and clients. This German-issued bond, denominated in EUR, featured an annual interest rate of 0.5% and had a total issuance volume of EUR 100,000,000, with a minimum lot size for investors set at EUR 100,000. Having reached its maturity date on September 12, 2023, the bond was successfully repaid at its par value of 100%, reflecting a full and timely settlement to bondholders.