Bond WGZ Bank Obligations 0% ( DE000WGZ7564 ) in EUR

Issuer WGZ Bank Obligations
Market price 100 %  ▲ 
Country  Germany
ISIN code  DE000WGZ7564 ( in EUR )
Interest rate 0%
Maturity 16/02/2016 - Bond has expired



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Minimal amount /
Total amount 10 000 000 EUR
Detailed description WGZ Bank bonds are debt securities issued by WGZ Bank, representing a loan to the bank and paying the bondholder a predetermined interest rate over a specified period, with repayment of principal at maturity.

A detailed analysis of the **DE000WGZ7564 bond**, a debt instrument issued by **WGZ Bank Bonds**, a German financial institution historically operating as a central institution for cooperative banks, reveals its specific characteristics: this EUR-denominated security, originating from Germany, was a zero-coupon bond, indicating a 0% interest rate and the absence of periodic coupon payments, with its total issuance volume reaching EUR 10,000,000 before it successfully reached its maturity on February 16, 2016, leading to its full redemption at 100% of its nominal principal value.