Bond Sachsen-Anhalt Region 4.38% ( DE000A2E4DN7 ) in EUR

Issuer	Sachsen-Anhalt Region
Market price	100 % ⇌
Country	Germany
ISIN code	DE000A2E4DN7 ( in EUR )
Interest rate	4.38% per year ( payment 1 time a year)
Maturity	16/01/2024 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	25 000 000 EUR
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. A financial analysis highlights the bond identified by ISIN DE000A2E4DN7, a debt instrument issued by Sachsen-Anhalt Land, a constituent federal state within Germany renowned for its strong fiscal standing and integral role in the highly creditworthy German federal system. This particular bond, denominated in EUR, featured an annual interest rate of 4.38% and represented a total issuance size of 25,000,000 EUR, with a minimum investment lot set at 1,000 EUR. The instrument, which was observed trading at par (100%) on the market, successfully reached its maturity date on January 16, 2024, and has since been fully repaid, concluding its lifecycle as a redeemed obligation.