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ItalianoBond Berlin Terra 1.875% ( DE000A1R06T9 ) in EUR
| Issuer | Berlin Terra |
| Market price | 100 % ⇌ |
| Country |  Germany
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| ISIN code |
 DE000A1R06T9 ( in EUR )
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| Interest rate | 1.875% per year ( payment 1 time a year) |
| Maturity | 12/06/2023 - Bond has expired |
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| Minimal amount | / |
| Total amount | / |
| 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. The DE000A1R06T9 bond, issued by Berlin Land, a highly creditworthy German federal state (Bundesland) responsible for public finance within the nation's capital, has successfully reached its maturity. This debt instrument, denominated in Euros (EUR) and carrying a fixed annual coupon rate of 1.875%, was originally issued under the legal framework of Germany, reflecting its status as a sub-sovereign obligation. Upon its maturity date of June 12, 2023, the bond was fully redeemed at its par value of 100%, signifying that the principal amount was repaid to investors as scheduled. This final repayment concludes the lifecycle of this particular bond, ensuring all obligations were met as per its original terms and conditions. |