Bond AZ Bank 1.3% ( DE000DD5AZC3 ) in EUR

Issuer	AZ Bank
Market price	100 % ▲
Country	Germany
ISIN code	DE000DD5AZC3 ( in EUR )
Interest rate	1.3% per year ( payment 1 time a year)
Maturity	24/06/2030
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Minimal amount	100 000 EUR
Total amount	25 000 000 EUR
Next Coupon	25/06/2026 ( In 240 days )
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 provides a detailed overview of a bond issued by DZ Bank, identifiable by its ISIN DE000DD5AZC3. DZ Bank, a prominent German financial institution that functions as the central institution for the cooperative banks in Germany, has issued this bond in Euro, currently trading at 100% of its nominal value. The instrument offers an annual interest rate of 1.3% and has a maturity date of June 24, 2030, with interest payments made annually. The total volume of this issue amounts to EUR 25,000,000, with a minimum subscription amount set at EUR 100,000, indicating its likely target audience of institutional or professional investors.