Bond Norddeutsche Landesbank 4.002% ( DE000NLB4VZ2 ) in EUR

Issuer	Norddeutsche Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NLB4VZ2 ( in EUR )
Interest rate	4.002% per year ( payment 1 time a year)
Maturity	15/11/2028
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Next Coupon	15/11/2025 ( In 62 days )
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 instrument, a bond identifiable by ISIN DE000NLB4VZ2, represents a debt issuance from Norddeutsche Landesbank -Girozentrale-, a significant financial institution based in Germany. Currently trading at par, specifically 100% of its nominal value, this Euro-denominated bond offers an annual fixed interest rate, or coupon, of 4.002%. Interest payments are structured to occur annually, with the bond reaching its maturity on November 15, 2028. The issuer, Norddeutsche Landesbank -Girozentrale- (NORD/LB), is a public-sector financial institution and one of Germany's largest Landesbanken. Owned by the German states of Lower Saxony and Saxony-Anhalt and their respective Sparkassen (savings banks) associations, NORD/LB provides a broad range of banking services, including corporate and real estate financing, capital markets operations, and private and commercial client business. Its ownership structure underscores its strategic importance within the German financial landscape and provides the backing characteristic of public-law institutions, contributing to the bond's standing in the fixed income market.