Bond AZ Bank 0% ( DE000DD5AKZ6 ) in EUR

Issuer	AZ Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000DD5AKZ6 ( in EUR )
Interest rate	0%
Maturity	23/12/2027
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
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. A fixed-income instrument, specifically a bond, issued by DZ Bank (ISIN DE000DD5AKZ6), a leading German cooperative bank serving as the central institution for German cooperative banks and providing a wide range of financial services, has been observed on the market at 100% of its par value, with its principal denominated in EUR and originating from Germany; this bond, part of a total issuance valued at EUR 25,000,000 and available for a minimum purchase of EUR 100,000, features a 0% interest rate and an annual payment frequency, indicating no periodic coupon disbursements before its maturity on December 23, 2027, thereby presenting a zero-yield profile for investors purchasing at par and holding until redemption.