Bond Brandenburgia 0.625% ( DE000A11QEW4 ) in EUR

Issuer	Brandenburgia
Market price	100 % ⇌
Country	Germany
ISIN code	DE000A11QEW4 ( in EUR )
Interest rate	0.625% per year ( payment 1 time a year)
Maturity	27/01/2025 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	500 000 000 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. This financial article details the specifics of the DE000A11QEW4 bond, issued by Brandenburg Land, a prominent federal state within Germany, a sub-sovereign entity whose credit quality is intrinsically linked to the stability of the German federation. The bond, denominated in EUR, featured an annual interest rate of 0.625% and represented a total issuance size of ?500,000,000, with a minimum trading denomination set at ?1,000. Originally set to mature on January 27, 2025, this security has successfully reached its maturity date and has been fully redeemed, indicating its full repayment to investors at the specified terms, having traded at par (100%) at its redemption point.