Bond Slesvig-Holsten 1.2% ( DE0001790970 ) in EUR
Issuer | Slesvig-Holsten |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 1.2% per year ( payment 1 time a year) |
Maturity | 16/06/2017 - Bond has expired |
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Minimal amount | 1 000 EUR |
Total amount | 100 000 000 EUR |
Detailed description |
Schleswig-Holstein is a northern German state bordering Denmark and the Baltic and North Seas, known for its picturesque coastline, historic castles, and significant role in German history. An analysis of fixed-income instruments highlights the specifics of a bond identified by ISIN DE0001790970, which was issued by Schleswig-Holstein, a prominent federal state located in northern Germany. As a sub-sovereign entity within the highly creditworthy German federal system, Schleswig-Holstein's debt issuances are generally perceived as low-risk investments, reflecting the stable economic and fiscal environment of its country of issuance. This particular bond, denominated in Euros (EUR), carried an annual interest rate of 1.2% and represented a total issuance volume of EUR 100,000,000, with a minimum investment lot size set at EUR 1,000. The instrument reached its scheduled maturity on June 16, 2017, and has since been fully redeemed at its par value, consistent with the reported "current market price of 100%" which in this context signifies its redemption at face value upon maturity, thereby completing its lifecycle and ensuring repayment to bondholders. |