Bond NRW Bank 0.84% ( DE000NWB2KG6 ) in EUR
Issuer | NRW Bank |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0.84% per year ( payment 1 time a year) |
Maturity | 27/11/2028 |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 100 000 EUR |
Total amount | 5 000 000 EUR |
Next Coupon | 27/11/2025 ( In 74 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 recent fixed-income offering available on the market is a bond issued by NRW.BANK, identified by the ISIN DE000NWB2KG6. NRW.BANK, the state development bank for North Rhine-Westphalia, Germany's most populous federal state, operates as a public-law institution (Anstalt des öffentlichen Rechts) with a mandate to support the state's economic and structural development, a role that typically underpins strong credit quality due to its public ownership and implied guarantee. This particular Euro-denominated (EUR) bond, issued from Germany, currently trades at 100% of its par value, indicating it is priced at its nominal value in the market. It carries a fixed annual coupon rate of 0.84%, with interest payments occurring once per year. The total issuance size for this debt instrument is ?5,000,000, with a relatively high minimum investment lot of ?100,000, suggesting it is primarily targeted at institutional or professional investors. This security is set to mature on November 27, 2028, offering investors a medium-term fixed-income exposure to a prominent German public-sector entity. |