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ItalianoBond AZ Bank 2.5% ( DE000DZ1J923 ) in EUR
| Issuer | AZ Bank |
| Market price | 100 % ⇌ |
| Country |  Germany
|
| ISIN code |
 DE000DZ1J923 ( in EUR )
|
| Interest rate | 2.5% per year ( payment 1 time a year) |
| Maturity | 27/12/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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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. An in-depth review of the debt instrument bearing ISIN DE000DZ1J923 reveals it to be a bond issued by DZ Bank, a prominent German cooperative central bank serving as a financial services hub for cooperative banks in Germany, which originated from Germany with a total issue size of ?25,000,000 and a minimum lot size for investment set at ?100,000. This EUR-denominated security offered an annual interest rate of 2.5% and was initially priced at 100% of its par value on the market; it reached its scheduled maturity date on December 27, 2023, and has since been fully redeemed, confirming its successful repayment to investors. |