Bond Norddeutsche Landesbank 2% ( DE000NLB2J68 ) in EUR

Issuer	Norddeutsche Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NLB2J68 ( in EUR )
Interest rate	2% per year ( payment 1 time a year)
Maturity	01/07/2024 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	10 000 000 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 debt capital markets highlights the recently matured bond, ISIN DE000NLB2J68, issued by Norddeutsche Landesbank -Girozentrale-, a prominent German Landesbank and public-sector financial institution headquartered in Hanover that provides a comprehensive range of financial services primarily to the northern German states, often benefiting from the backing of its public shareholders; this specific bond, originating from Germany and denominated in EUR, featured an annual interest rate of 2% on a total issuance volume of EUR 10,000,000, with a minimum purchase size of EUR 1,000, was structured with annual payment frequency, reached its scheduled maturity on July 1, 2024, trading at 100% of par on its final market price, and has since been fully redeemed and repaid to investors.