Bond Norddeutsche Landesbank 2% ( DE000NLB2V39 ) in EUR

Issuer	Norddeutsche Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NLB2V39 ( in EUR )
Interest rate	2% per year ( payment 1 time a year)
Maturity	05/06/2024 - Bond has expired
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Minimal amount	100 000 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 analysis of the bond instrument identified by ISIN DE000NLB2V39 reveals its core specifications and the details surrounding its issuer, Norddeutsche Landesbank -Girozentrale-. Norddeutsche Landesbank -Girozentrale- (NORD/LB) stands as a significant state-owned financial institution in Germany, functioning as a central bank for the northern German savings bank sector while also operating as a commercial bank engaged in diverse activities such as corporate and real estate financing, and capital markets. This particular bond, issued from Germany and denominated in EUR, had a total issuance size of EUR 10,000,000, with a minimum purchase lot set at EUR 100,000. It carried an annual interest rate of 2% and featured annual payment frequency. Having been priced at 100% of its nominal value, the bond reached its scheduled maturity on June 5, 2024. As of this date, the instrument has been fully redeemed and repaid, thereby concluding its term and fulfilling all obligations to investors.