Bond AZ Bank 0.79% ( DE000DD5ADA4 ) in EUR
| Issuer | AZ Bank |
| Market price | 100 % ⇌ |
| Country | Germany
|
| ISIN code |
DE000DD5ADA4 ( in EUR )
|
| Interest rate | 0.79% per year ( payment 1 time a year) |
| Maturity | 23/06/2022 - Bond has expired |
|
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| 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. This financial article details a specific bond, ISIN DE000DD5ADA4, issued by DZ Bank, a key central institution for Germany's cooperative banks and a major player in the German financial sector. Originally issued in Germany and denominated in EUR, this bond featured a coupon rate of 0.79%, an annual payment frequency, and a total issue size of EUR 25,000,000, with a minimum purchase denomination of EUR 100,000. Although its market price was historically noted at 100%, it is important to note that this bond reached its maturity date on June 23, 2022, and has subsequently been fully redeemed, returning principal to its investors. |
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