Bond NRW Bank 0% ( XS0969162139 ) in USD

Issuer	NRW Bank
Market price	100 % ⇌
Country	Germany
ISIN code	XS0969162139 ( in USD )
Interest rate	0%
Maturity	03/11/2013 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	/
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. Analysis of the Matured NRW.BANK XS0969162139 Bond Issuance: This financial overview details a specific bond, identified by ISIN XS0969162139, issued by NRW.BANK, the public-sector development bank for the German state of North Rhine-Westphalia, which is mandated to promote regional economic and structural development. This particular debt instrument, denominated in USD and originating from Germany, featured a stated interest rate of 0%, which strongly indicates a zero-coupon structure where investor returns would have been realized at maturity through the difference between its discounted issuance price and par redemption, rather than via periodic coupon distributions. While typical bond specifications include a payment frequency for coupons (noted as '2' for this instrument, generally signifying semi-annual), this detail is rendered non-applicable in the context of a 0% interest rate. The bond successfully reached its maturity on November 3, 2013, at which point it was fully redeemed at 100% of its principal value, thereby concluding its financial cycle and fulfilling all obligations to its bondholders.