Norddeutsche Landesbank Girozentrale (NordLB) is a German public-sector bank primarily serving the northern German states, offering a range of commercial and investment banking services.
A notable financial instrument available for investor consideration is the perpetual bond identified by ISIN DE000BRL00A4, issued by Norddeutsche Landesbank -Girozentrale-. Norddeutsche Landesbank (NORD/LB) is a prominent German Landesbank, a state-owned financial institution headquartered in Hanover and Brunswick, playing a significant role in serving corporate and private clients across Germany and beyond, as well as providing public-sector financing and acting as a central bank for savings banks in its region. This bond, originating from Germany, is presently quoted at 100% of its nominal value on the market, denominated in Euros. It features an attractive annual interest rate of 7.49%, with interest payments scheduled once per year. The total issue size for this security stands at EUR 50,200,000, and it has been structured with a minimum purchase increment of EUR 100,000. Characterized by its perpetual maturity, this bond does not possess a fixed redemption date, offering a continuous stream of income under the specified terms.
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100 % ⇌ 
Germany
DE000BRL00A4 ( in EUR )
