Bond Norddeutsche Privatbank 2% ( DE000HSH4NX9 ) in EUR

Issuer	Norddeutsche Privatbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000HSH4NX9 ( in EUR )
Interest rate	2% per year ( payment 1 time a year)
Maturity	02/01/2019 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	1 200 000 EUR
Detailed description	HSH Nordbank is a German commercial bank specializing in financing large-scale infrastructure projects and providing financial services to corporate and institutional clients. An examination of the debt instrument identified by ISIN DE000HSH4NX9 provides insight into a specific bond issuance from HSH Nordbank, a significant German commercial bank formerly owned by the federal states of Hamburg and Schleswig-Holstein. Headquartered in Germany, HSH Nordbank historically played a notable role in regional finance, engaging in corporate banking, real estate financing, and capital markets operations. This particular bond, denominated in Euros (EUR), featured an annual coupon rate of 2%. It constituted a significant offering, with a total nominal value of EUR 1.2 billion, derived from 1,200,000 individual bond units, each carrying a minimum lot size of EUR 1,000. Interest payments were structured annually, ensuring a payment frequency of one per year. The bond was scheduled to mature on January 2, 2019, and upon reaching this date, its market price was observed at 100% of its nominal value, indicating full principal repayment, and it was subsequently redeemed and fully repaid to all its bondholders.