Bond NRW Bank 0.19% ( DE000NWB2FY9 ) in EUR

Issuer	NRW Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NWB2FY9 ( in EUR )
Interest rate	0.19% per year ( payment 1 time a year)
Maturity	19/09/2026
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Minimal amount	1 000 EUR
Total amount	50 000 000 EUR
Next Coupon	19/09/2025 ( In 5 days )
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 notable fixed-income offering from NRW.BANK, identified by the ISIN code DE000NWB2FY9, is currently under market observation, presenting a key opportunity for investors seeking exposure to German public sector debt. NRW.BANK, headquartered in Düsseldorf, Germany, stands as the state development bank for North Rhine-Westphalia (NRW), Germany?s most populous federal state and a major economic region. As a public-sector financial institution, its primary mandate involves fostering the structural and economic development of NRW by providing financing for various public and private sector projects, including infrastructure, housing, and corporate initiatives, often acting on behalf of the state government; its strong public backing and systemic importance within the region contribute to its robust credit profile, making its issuances generally considered high-quality debt instruments within the European financial landscape. This particular bond, classified as a standard debt obligation, is denominated in Euros (EUR) and currently trades at par, reflecting a market price of 100% of its nominal value. It carries a coupon rate of 0.19% per annum, with interest payments scheduled annually. The instrument is set to mature on September 19, 2026, offering a relatively short-to-medium term investment horizon. The total issuance volume for this bond stands at 50,000,000 EUR, providing substantial liquidity, while the minimum purchasable lot is set at 1,000 EUR, making it accessible to a range of institutional and retail investors. The modest interest rate of 0.19% is characteristic of debt instruments issued by highly-rated public sector entities in the German market, particularly reflecting the low-yield environment prevalent at the time of issuance for such strong sovereign-backed entities, and its current pricing at 100% indicates that the bond is trading at its face value, suggesting market confidence or alignment with prevailing yield curves for similar maturities and credit quality.