Bond Norddeutsche Landesbank 1.11% ( DE000NLB8KN2 ) in EUR

Issuer	Norddeutsche Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NLB8KN2 ( in EUR )
Interest rate	1.11% per year ( payment 1 time a year)
Maturity	11/11/2025
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Minimal amount	1 000 EUR
Total amount	10 000 000 EUR
Next Coupon	11/11/2025 ( In 58 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. Norddeutsche Landesbank -Girozentrale- (NORD/LB), a prominent German Landesbank, has recently introduced a new bond offering. As a significant public-sector financial institution, NORD/LB plays a pivotal role in serving corporate and institutional clients, engaging in capital market activities, and facilitating public sector financing, particularly within its core regions of Lower Saxony and Saxony-Anhalt, while also maintaining a global presence in sectors such as energy, infrastructure, and real estate financing. This specific debt instrument, identified by the International Securities Identification Number (ISIN) DE000NLB8KN2, is denominated in Euros (EUR) and features a fixed annual coupon rate of 1.11%. The bond is structured to mature on November 11, 2025, providing a clear redemption date for investors. With a total issuance size of EUR 10,000,000, this offering allows for participation with a minimum lot size of EUR 1,000. Issued from Germany, the bond is currently observed to be trading at its par value, reflecting a market price of 100%.