Bond Hessian Land 0% ( DE000A1RQD27 ) in EUR
| Issuer | Hessian Land |
| Market price | 100 % ⇌ |
| Country | Germany
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| ISIN code |
DE000A1RQD27 ( in EUR )
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| Interest rate | 0% |
| Maturity | 02/03/2026 - Bond has expired |
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| Minimal amount | / |
| Total amount | / |
| Detailed description |
Hesse is a German state located in central Germany, known for its diverse landscape, historic cities like Frankfurt and Heidelberg, and its significant role in German history and culture. This financial instrument, identified by the ISIN DE000A1RQD27, is a bond issued by Hessen Land, a German federal state and sub-sovereign entity within Germany, which inherently reflects a robust public sector credit profile, denominated in Euro (EUR) and originated in Germany, notably featuring a zero-coupon structure with a 0% interest rate, indicating that investors will not receive periodic interest payments and instead derive their return from the capital appreciation between its purchase price and its face value at maturity on March 2, 2026, with its current market price reported at 100% of par, and its payment frequency of '1' specifically pertaining to the single principal repayment at maturity rather than annual coupon disbursements. |
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