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ItalianoBond Norddeutsche Landesbank -Girozentrale- 0.9% ( DE000NLB2526 ) in EUR
| Issuer | Norddeutsche Landesbank -Girozentrale- | ||||||||||
| Market price | 100.00 % ⇌ | ||||||||||
| Country |  Germany
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| ISIN code |
 DE000NLB2526 ( in EUR )
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| Interest rate | 0.9% per year ( payment 1 time a year) | ||||||||||
| Maturity | 26/07/2024 - Bond has expired | ||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 500 EUR | ||||||||||
| Total amount | 50 000 000 EUR | ||||||||||
| Detailed description |
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. An analysis of the **DE000NLB2526** bond instrument reveals its recent successful redemption, marking the conclusion of its lifecycle on July 26, 2024. This specific bond was issued by Norddeutsche Landesbank -Girozentrale-, widely recognized as NORD/LB, a prominent German Landesbank operating as a publicly owned credit institution that serves both as a commercial bank and as a central bank for savings banks in its respective regions, playing a significant role in financing public infrastructure and supporting regional economies within Germany, its country of issuance. The bond, denominated in EUR, featured an annual interest rate of 0.9% and constituted a total issuance size of EUR 50,000,000, with a minimum purchase lot set at EUR 500 and an annual payment frequency. Upon reaching its maturity date, the instrument was fully redeemed at 100% of its nominal value, concluding its term and ensuring the principal repayment to its holders as per the original terms of its issuance. |
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