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ItalianoBond Norddeutsche Landesbank -Girozentrale- 1.1% ( DE000NLB27M1 ) in EUR
| Issuer | Norddeutsche Landesbank -Girozentrale- | ||||||||||
| Market price | 100.00 % ⇌ | ||||||||||
| Country |  Germany
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| ISIN code |
 DE000NLB27M1 ( in EUR )
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| Interest rate | 1.1% per year ( payment 1 time a year) | ||||||||||
| Maturity | 05/07/2032 - 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. This financial article details the status of the fixed-income instrument identified by ISIN DE000NLB27M1, a bond issued by Norddeutsche Landesbank -Girozentrale- (NORD/LB), a significant German Landesbank predominantly owned by the federal states of Lower Saxony and Saxony-Anhalt, and the Savings Banks Association of Lower Saxony, playing a crucial role in public sector finance, real estate, and corporate banking within Germany. With a nominal annual interest rate of 1.1% and an original total issue size of 50,000,000 EUR, made available in minimum lots of 500 EUR, this EUR-denominated bond, initially issued from Germany, has now reached its scheduled maturity date of July 5, 2032, and has been fully redeemed at its 100% market price, successfully concluding its lifecycle as a fully honored debt obligation. |
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