Bond NRW Bank 0.5275% ( DE000NWB2Q66 ) in EUR

Issuer NRW Bank
Market price 100 %  ⇌ 
Country  Germany
ISIN code  DE000NWB2Q66 ( in EUR )
Interest rate 0.5275% per year ( payment 1 time a year)
Maturity 21/10/2033 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 25 000 000 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 specific bond instrument issued by NRW.BANK, identified by the ISIN DE000NWB2Q66, has recently reached its scheduled maturity date and been successfully redeemed. NRW.BANK serves as the promotional bank for North Rhine-Westphalia, Germany's most populous federal state and a vital economic region. Wholly owned by the State of North Rhine-Westphalia, the bank's core mandate is to foster economic and structural development through various financing programs. Its activities encompass crucial sectors such as housing, infrastructure, small and medium-sized enterprises (SMEs), and environmental protection, positioning it as an integral component of the state's public finance architecture. The institution benefits from a robust institutional framework and strong governmental backing, reinforcing its creditworthiness in the capital markets. This particular bond, denominated in Euro (EUR), featured a fixed coupon interest rate of 0.5275%, with interest payments distributed annually. The total issuance size for this debt instrument amounted to EUR 25,000,000, representing a significant yet not exceptionally large offering within the fixed-income landscape. Designed likely for institutional investors or high-net-worth individuals, the minimum lot size for participation was set at EUR 100,000. Issued under German jurisdiction, the bond had a long-term scheduled maturity date of October 21, 2033. Upon reaching its maturity, the bond was redeemed at 100% of its nominal value. This redemption at par signifies a complete and orderly conclusion to the investment cycle for this specific security, confirming that investors received their full principal back in a timely manner and underscoring the issuer's consistent reliability in fulfilling its financial obligations.