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This model is the Hell Pizza "Hell" Duck in red with yellow bill and black horns. Although technically not a toy it is part of my toy collection.
The item is a soft plastic/rubber squeaky toy with keychain attached.
Specially produced for Hell, I assume, it has a yellow bill, white eyes with black pupils and eyebrows, and black "devilish" horns. On the top, between the horns, is attached a short length of keychain and a small carabiner hook. When squeezed it emits a small squeaking sound.
The exact date of issue is not known but is known to have been in the 2000s prior to 2017.