Bond Norddeutsche Landesbank 0.4% ( DE000NLB29M7 ) in EUR
Issuer | Norddeutsche Landesbank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0.4% per year ( payment 1 time a year) |
Maturity | 24/02/2028 - 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. An in-depth review of a matured debt instrument details the key characteristics of the bond (ISIN: DE000NLB29M7) issued by Norddeutsche Landesbank -Girozentrale-, a prominent German Landesbank offering wholesale banking and financial services to corporate and institutional clients, as well as federal and state governments. Originating from Germany, this Euro-denominated bond carried a coupon rate of 0.4% with an annual payment frequency. The instrument, which had a total issuance volume of EUR 10,000,000 and a minimum lot size for investment of EUR 1,000, was noted at a market price of 100% at the time of its final settlement, having successfully reached its scheduled maturity date on February 24, 2028, and consequently been fully repaid, concluding its lifecycle within the financial markets. |