Bond NRW Bank 0.12% ( DE000NWB2NH8 ) in EUR

Issuer	NRW Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NWB2NH8 ( in EUR )
Interest rate	0.12% per year ( payment 1 time a year)
Maturity	24/02/2033
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Minimal amount	100 000 EUR
Total amount	39 000 000 EUR
Next Coupon	24/02/2026 ( In 163 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 bond issuance, identified by its ISIN DE000NWB2NH8, offers a detailed insight into the current landscape of European debt markets, specifically originating from a prominent German public-sector development bank. The issuer, NRW.BANK, is the state development bank for North Rhine-Westphalia, Germany's most populous federal state. Functioning as the central financial institution for the region, NRW.BANK plays a critical role in implementing the state's economic and structural policies, including financing projects in housing, infrastructure, business development for small and medium-sized enterprises (SMEs), and environmental protection initiatives. Its operations are rooted in a public mandate, providing a high degree of creditworthiness to its issued securities due to its strategic importance and implicit support from the German federal state. This particular bond, issued out of Germany and denominated in Euros (EUR), currently trades at par, reflecting a market price of 100% of its nominal value. It features a notably low annual interest rate, or coupon, of 0.12%, indicative of the prevailing low-yield environment for highly rated European sovereign or quasi-sovereign debt. The total size of this bond issue amounts to 39,000,000 EUR, with a minimum investment lot set at 100,000 EUR, positioning it primarily for institutional investors. Investors holding this security can expect annual interest payments, with the bond reaching its maturity on February 24, 2033, thereby offering a long-term investment horizon within a stable, publicly-backed financial instrument.