Bond AZ Bank 2.29% ( DE000DZ1J113 ) in EUR

Issuer	AZ Bank
Market price	100 % ▲
Country	Germany
ISIN code	DE000DZ1J113 ( in EUR )
Interest rate	2.29% per year ( payment 1 time a year)
Maturity	24/09/2023 - Bond has expired
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. An informative review of the bond market reveals the successful conclusion of a specific debt instrument, namely the bond identified by ISIN DE000DZ1J113, which was issued by DZ Bank, Germany's central institution for cooperative banks, a pivotal entity within the German financial sector acting as a leading commercial bank and a clearing house for thousands of local cooperative banks, thereby underpinning a significant portion of the nation's banking landscape; this particular Euro-denominated bond, originating from Germany, was characterized by a 2.29% annual interest rate, an aggregate issue size of EUR 25,000,000, and a minimum subscription amount of EUR 100,000, having reached its scheduled maturity on September 24, 2023, when it was redeemed at its par value of 100%, thus successfully fulfilling all its contractual obligations and providing investors with the expected capital reimbursement.