Bond Hessenland 1.1% ( DE000A1RQBG1 ) in EUR
Issuer | Hessenland |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 1.1% per year ( payment 1 time a year) |
Maturity | 12/02/2018 - Bond has expired |
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Minimal amount | 100 000 EUR |
Total amount | 50 000 000 EUR |
Detailed description |
Hesse is a state in central Germany known for its vibrant cities like Frankfurt, its rolling hills, and its significant role in German history and culture. This financial analysis details the DE000A1RQBG1 bond, an obligation issued by Hessen, the German federal state of Hesse, a highly developed region within Germany known for its robust economic fundamentals and fiscal stability, which underpins its strong credit profile as an issuer in the debt markets. Denominated in EUR, this particular bond featured a fixed annual interest rate of 1.1% and comprised a total issuance size of ?50,000,000, with a minimum purchase lot established at ?100,000. Originating from Germany, the bond successfully reached its scheduled maturity date on February 12, 2018, and was subsequently fully redeemed at its par value, reflecting a 100% market price at the time of repayment, thereby concluding its investment lifecycle. |