Bond Bayern Land 2.94% ( DE0001053718 ) in EUR
| Issuer | Bayern Land |
| Market price | 100 % ⇌ |
| Country | Germany
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| ISIN code |
DE0001053718 ( in EUR )
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| Interest rate | 2.94% per year ( payment 1 time a year) |
| Maturity | 03/02/2053 - Bond has expired |
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| Minimal amount | / |
| Total amount | / |
| Detailed description |
Bayern (Bavaria), officially the Freistaat Bayern, is a federal state (Land) in southern Germany, known for its strong cultural identity, significant economic contribution, and stunning Alpine scenery. An update concerning the fixed-income instrument identified by ISIN DE0001053718 confirms that this bond, issued by the Free State of Bavaria (Bayern Freistaat), has successfully reached its maturity date and been fully redeemed; originally issued in Germany and denominated in Euros, this obligation historically offered an annual interest rate of 2.94% with annual payment frequency and was initially scheduled to mature on February 3, 2053, representing a direct financial commitment from one of Germany's most economically robust and fiscally sound federal states, widely recognized for its diverse industrial landscape, technological innovation, and significant contribution to the national economy, and it was ultimately repaid at its full face value, corresponding to a 100% redemption, to all bondholders as stipulated by its terms. |
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