Bond Norddeutsche Landesbank 3% ( DE000NLB2NZ3 ) in EUR

Issuer	Norddeutsche Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NLB2NZ3 ( in EUR )
Interest rate	3% per year ( payment 1 time a year)
Maturity	09/11/2028 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
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. This financial article details a bond identified by ISIN DE000NLB2NZ3, issued by Norddeutsche Landesbank -Girozentrale- (NORD/LB), a significant public-sector financial institution headquartered in Hanover, Germany. As one of Germany's Landesbanken, NORD/LB serves as a central bank for savings banks in its operating region and provides a wide array of commercial and investment banking services, including public sector and infrastructure financing, thereby playing a crucial role in the German financial landscape. This specific bond, denominated in Euro (EUR) and originating from Germany, was structured as a fixed-income instrument with an attractive annual interest rate of 3%, paid with a frequency of one payment per year. It represented a total issuance volume of EUR 10,000,000, with a minimum investment lot size set at EUR 1,000. The bond was observed to trade at 100% of its par value during its active period. Crucially, this instrument reached its scheduled maturity date on November 9, 2028, and has since been fully redeemed, marking the successful conclusion of its financial obligation.