Bond Sachsen-Anhalt Region 7.625% ( DE0001785590 ) in EUR

Issuer	Sachsen-Anhalt Region
Market price	100 % ⇌
Country	Germany
ISIN code	DE0001785590 ( in EUR )
Interest rate	7.625% per year ( payment 1 time a year)
Maturity	23/03/2027
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Minimal amount	1 EUR
Total amount	200 000 000 EUR
Next Coupon	23/03/2027 ( In 297 days )
Detailed description	Saxony-Anhalt is a landlocked state in central Germany, known for its history, picturesque landscapes, and significant cultural heritage sites including medieval towns and the Bauhaus movement's influence. This financial article details a bond (ISIN: DE0001785590) issued by Sachsen-Anhalt Land, one of Germany's sixteen federal states, which, as a sub-sovereign entity, issues debt to finance its public expenditures and typically benefits from the strong credit standing associated with the German federal system; the bond, denominated in EUR, is currently trading at par (100%) and offers a fixed annual coupon of 7.625%, with a total issue size of EUR 200,000,000, a minimum purchase lot of 1 unit, and a maturity date of March 23, 2027, with interest payments made annually.