Bond NRW Bank 4% ( DE000NWB14G8 ) in EUR
Issuer | NRW Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 4% per year ( payment 1 time a year) |
Maturity | 04/04/2025 - Bond has expired |
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Minimal amount | 1 000 EUR |
Total amount | 50 000 000 EUR |
Detailed description |
NRW.BANK is a German public-sector bank focusing on providing financial services to the state of North Rhine-Westphalia, including public institutions, businesses, and private individuals. A detailed analysis of the bond identified by ISIN DE000NWB14G8 reveals its recent lifecycle conclusion, having been issued by NRW.BANK, the public-sector development bank for the German state of North Rhine-Westphalia, which plays a pivotal role in funding regional economic, housing, and infrastructure initiatives. This particular bond, denominated in EUR and originating from Germany, featured an annual interest rate of 4% and was launched with a total issuance volume of EUR 50,000,000, with a minimum subscription amount set at EUR 1,000. While it was quoted at 100% of its par value on the market, the instrument, initially scheduled to mature on April 4, 2025, with annual interest payments, successfully reached its redemption date and has been fully repaid, concluding its tenure. |