Bond AZ Bank 0% ( DE000DD5AU28 ) in EUR

Issuer	AZ Bank
Market price	100 % ▲
Country	Germany
ISIN code	DE000DD5AU28 ( in EUR )
Interest rate	0%
Maturity	23/12/2027
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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 presents details on the DE000DD5AU28 bond, a zero-coupon obligation issued from Germany by DZ Bank, a prominent financial services provider recognized as the central institution for Germany's cooperative banks, whose robust standing underpins this EUR-denominated security currently trading at 100% of its par value; this bond is distinctly structured with a 0% interest rate, implying that its sole investor cash flow will be the principal repayment upon its maturity on December 23, 2027, without periodic coupon payments, with a total issuance size of 25,000,000 EUR and a minimum bid size of 100,000 EUR, outlining a specific investment profile for participants in the fixed-income market.