Bond Norddeutsche Landesbank 0.1% ( DE000NLB27W0 ) in EUR

Issuer	Norddeutsche Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NLB27W0 ( in EUR )
Interest rate	0.1% per year ( payment 1 time a year)
Maturity	11/09/2025 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	10 000 000 EUR
Detailed description	Norddeutsche Landesbank Girozentrale (NordLB) is a German public-sector bank primarily serving the northern German states, offering a range of commercial and investment banking services. A specific debt instrument issued by Norddeutsche Landesbank -Girozentrale-, identified by ISIN DE000NLB27W0, offers investors a glimpse into the German bond market. Norddeutsche Landesbank (NORD/LB) -Girozentrale- is a significant German Landesbank, a state-backed credit institution with a core mandate to serve the federal states of Lower Saxony, Saxony-Anhalt, and Mecklenburg-Western Pomerania, while also acting as a central bank for savings banks within its operational area, engaging in corporate banking, real estate financing, and capital markets activities. This bond, issued from Germany and denominated in EUR, currently trades at its par value of 100% on the market, reflecting stable demand for debt from this issuer. It features an annual coupon rate of 0.1%, characteristic of the prevailing low-interest-rate environment for highly-rated sovereign or quasi-sovereign debt in the Eurozone. The total issue size for this particular security stands at ?10,000,000, with a minimum investment lot set at ?1,000, providing an accessible entry point for various investor types. With a maturity date of September 11, 2025, and an annual payment frequency, this bond represents a relatively short-term, low-yield fixed-income opportunity within the Eurozone's financial landscape.