Bond Brandenburgia 0.5% ( DE000A11QE52 ) in EUR
Issuer | Brandenburgia |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0.5% per year ( payment 1 time a year) |
Maturity | 04/12/2023 - 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 | 1 000 EUR |
Total amount | 250 000 000 EUR |
Detailed description |
Brandenburg, a state in eastern Germany, is characterized by its flat terrain, extensive forests, numerous lakes, and a rich history encompassing medieval castles, Prussian palaces, and significant historical events. The DE000A11QE52 bond, a fixed-income instrument issued by Brandenburg Land, the German federal state renowned for its stable public finances as a key constituent of the Federal Republic of Germany, has successfully concluded its lifecycle, having matured and been fully reimbursed on December 4, 2023. This specific obligation, denominated in EUR, carried an annual interest rate of 0.5% and represented a total issuance size of ?250,000,000, with a minimum investment lot of ?1,000, providing investors a secure yield until its scheduled redemption at its par value of 100%. |