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ItalianoBond WGZ Bank Obligations 0% ( DE000WGZ7GN0 ) in EUR
| Issuer | WGZ Bank Obligations |
| Market price | 100 % ▲ |
| Country |  Germany
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| ISIN code |
 DE000WGZ7GN0 ( in EUR )
|
| Interest rate | 0% |
| Maturity | 09/05/2016 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | 50 000 000 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. An analysis of the bond identified by ISIN DE000WGZ7GN0, issued by WGZ Bank Bonds, a formerly prominent German cooperative banking institution that served as a central bank for cooperative banks in Germany prior to its merger into DZ Bank, reveals key details about this fixed-income instrument. This German-issued bond, denominated in EUR and representing a total issuance size of 50,000,000, was structured with a nominal interest rate of 0%, indicating it might have been a zero-coupon instrument or did not provide explicit coupon payments. With a payment frequency of 1, likely referring to the principal repayment, the bond reached its maturity date on May 9, 2016, at which point it was successfully repaid at its par value of 100% on the market, concluding its lifecycle within the financial markets. |