Bond Norddeutsche Landesbank 2.6488% ( DE000NLB8GB5 ) in EUR

Issuer	Norddeutsche Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NLB8GB5 ( in EUR )
Interest rate	2.6488% per year ( payment 1 time a year)
Maturity	26/08/2030
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Minimal amount	100 000 EUR
Total amount	10 000 000 EUR
Next Coupon	26/08/2026 ( In 346 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. A recently detailed financial instrument, specifically a bond identified by its ISIN code DE000NLB8GB5, is currently attracting market attention. This fixed-income security has been issued by Norddeutsche Landesbank -Girozentrale- (NORD/LB), a prominent public-sector bank headquartered in Germany. NORD/LB operates as a universal bank with a strong focus on structured finance, real estate finance, and capital market activities, serving as a key financial institution in Northern Germany. Its ownership structure, primarily comprising the German federal states of Lower Saxony and Saxony-Anhalt, along with the Savings Banks and Giro Association of Lower Saxony, provides a significant layer of public-sector backing, which is often perceived as a strong credit positive by market participants, implying inherent stability and governmental support for its operations. The bond, denominated in Euro (EUR), offers a competitive annual interest rate of 2.6488% and is structured with a definitive maturity date of August 26, 2030. Reflecting its current market valuation, the bond is trading at 100% of its par value. The total volume of this particular issuance is set at EUR 10,000,000, with a stipulated minimum lot size for investment of EUR 100,000, targeting a specific segment of the investor community for this German-issued debt instrument.