Bond Brandenburgia 2.07% ( DE000A1PGSS5 ) in EUR

Issuer	Brandenburgia
Market price	100 % ⇌
Country	Germany
ISIN code	DE000A1PGSS5 ( in EUR )
Interest rate	2.07% per year ( payment 1 time a year)
Maturity	10/01/2024 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	25 000 000 EUR
Detailed description	Brandenburg, a state in eastern Germany, is characterized by its flat terrain, extensive forests, numerous lakes, and a rich history encompassing medieval castles, Prussian palaces, and significant historical events. This fixed-income instrument, identified by ISIN DE000A1PGSS5, was a bond issued by the State of Brandenburg, one of Germany's sixteen federal states (Länder). As an issuer from Germany, Brandenburg Land's debt is generally considered sovereign-backed, benefiting from the robust fiscal framework and strong credit standing associated with the Federal Republic. The bond, denominated in EUR, had a total issuance size of ?25,000,000 and was available with a minimum denomination of ?1,000. It carried an annual interest rate of 2.07%. With a maturity date of January 10, 2024, this bond has now successfully reached its scheduled redemption, having been repaid at 100% of its nominal value, marking the conclusion of its lifecycle in the capital markets.