Bond DZ Bank 1.22% ( DE000DD5AAL7 ) in EUR

Issuer DZ Bank
Market price 100.00 %  ⇌ 
Country  Germany
ISIN code  DE000DD5AAL7 ( in EUR )
Interest rate 1.22% per year ( payment 1 time a year)
Maturity 30/12/2024 - Bond has expired



Prospectus brochure in PDF format

Minimal amount 100 000 EUR
Total amount 25 000 000 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 fixed-income market recently saw the conclusion of the DE000DD5AAL7 bond, issued by DZ Bank, a significant German cooperative financial institution that functions as the central bank for approximately 700 cooperative banks across the Volksbanken Raiffeisenbanken network, anchoring a substantial portion of the nation's retail banking sector. This EUR-denominated security, originating from Germany with a total issue size of EUR 25,000,000 and a minimum lot size for investment of EUR 100,000, carried an interest rate of 1.22% with annual payment frequency, and was observed trading at 100% of its face value prior to its maturity on December 30, 2024, at which point it was fully redeemed, thereby completing its lifecycle in investors' portfolios.
DateClean price
07/08/2024100.00%
08/07/2024100.00%
03/09/2023100.00%