Bond NRW Bank 0.45% ( XS2139903228 ) in USD
Issuer | NRW Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0.45% per year ( payment 2 times a year) |
Maturity | 19/03/2023 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 200 000 USD |
Total amount | 150 000 000 USD |
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. The bond identified by ISIN XS2139903228, issued by NRW.BANK, a prominent German development bank, has successfully matured and been fully redeemed. NRW.BANK, as the state development bank for North Rhine-Westphalia, plays a crucial role in supporting the region's economic and structural development, including fostering housing and infrastructure projects. This specific bond, issued from Germany and denominated in US Dollars (USD), carried a coupon interest rate of 0.45% and was part of a total issuance size of 150,000,000 USD. The minimum lot size for investment in this security was 200,000 USD. Interest payments were structured with a frequency of two times per year until its maturity on March 19, 2023, at which point its market price was recorded at 100% of par, confirming its final repayment to bondholders. |