Bond Sachsen-Anhalt Region 0.625% ( DE000A2E4DQ0 ) in EUR

Issuer	Sachsen-Anhalt Region
Market price	100 % ⇌
Country	Germany
ISIN code	DE000A2E4DQ0 ( in EUR )
Interest rate	0.625% per year ( payment 1 time a year)
Maturity	21/09/2027 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	50 000 000 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 overview of a recently matured fixed-income instrument reveals key characteristics of debt securities issued by German federal states. This particular bond, identified by its ISIN DE000A2E4DQ0, was issued by Sachsen-Anhalt Land, one of the sixteen federal states (Länder) comprising the Federal Republic of Germany. As a sovereign entity within Germany's robust economic and political framework, Sachsen-Anhalt's debt instruments typically benefit from strong creditworthiness, reflecting the stability of the German economy and the implicit support mechanisms among federal entities. The bond was denominated in Euros (EUR) and carried a fixed annual coupon rate of 0.625%. With a total issuance volume of EUR 50,000,000, it featured a minimum investment lot size of EUR 1,000. Issued in Germany, the security was structured with a maturity date of September 21, 2027, and scheduled annual interest payments. Upon reaching its maturity on the specified date, the bond was successfully redeemed at 100% of its par value, indicating the full repayment of principal to all bondholders.