Bond Norddeutsche Landesbank 0% ( XS0119421211 ) in EUR

Issuer	Norddeutsche Landesbank
Market price	98.48 % ▲
Country	Germany
ISIN code	XS0119421211 ( in EUR )
Interest rate	0%
Maturity	20/10/2030
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Minimal amount	1 000 EUR
Total amount	62 000 000 EUR
Detailed description	Norddeutsche Landesbank Girozentrale (NordLB) is a German public-sector bank primarily serving the northern German states, offering a range of commercial and investment banking services. Norddeutsche Landesbank -Girozentrale- (NORD/LB), a prominent German public-sector bank operating nationally and internationally and acting as a key financial institution for the federal state of Lower Saxony, is the issuer of a specific bond (ISIN: XS0119421211) originating from Germany, with this EUR-denominated debt instrument currently quoted on the market at 98.48% of its nominal value, characterized by a 0% interest rate implying it functions as a zero-coupon bond where investors derive their return from the discount at which it is purchased relative to its par value at maturity, with a total issuance volume for this security standing at EUR 62,000,000 and a minimum investment tranche set at EUR 1,000, and its maturity date established as October 20, 2030, with the principal repayment being the single scheduled financial event consistent with its zero-coupon structure.