Bond Berlin Terra 1.1% ( DE000A13R6V8 ) in EUR

Issuer	Berlin Terra
Market price	100 % ⇌
Country	Germany
ISIN code	DE000A13R6V8 ( in EUR )
Interest rate	1.1% per year ( payment 1 time a year)
Maturity	15/08/2024 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	20 000 000 EUR
Detailed description	Berlin, officially the State of Berlin, is a city-state and one of the sixteen states of Germany, combining the functions of a city and a state. A detailed review of a specific debt instrument, identified by its ISIN DE000A13R6V8, reveals its nature as a bond issued by Berlin Land, an integral and significant administrative entity within Germany, functioning as one of the country's sixteen federal states while concurrently serving as the nation's capital city. This Euro-denominated (EUR) bond, originating from Germany, carried a coupon rate of 1.1% and represented a total issuance size of ?20,000,000, with a minimum subscription or trading lot set at ?1,000. During its active period, this fixed-income security was observed at a market price of 100% of its nominal value and featured an annual payment frequency for its interest. Critically, this bond reached its scheduled maturity date on August 15, 2024, and has since been fully redeemed and repaid, thereby concluding its life cycle on the financial markets.