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ItalianoBond Norddeutsche Landesbank -Girozentrale- 0.625% ( DE000NLB8739 ) in EUR
| Issuer | Norddeutsche Landesbank -Girozentrale- | ||||||||||
| Market price | 100.00 % ⇌ | ||||||||||
| Country |  Germany
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| ISIN code |
 DE000NLB8739 ( in EUR )
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| Interest rate | 0.625% per year ( payment 1 time a year) | ||||||||||
| Maturity | 18/01/2027 - Bond has expired | ||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 EUR | ||||||||||
| Total amount | 800 000 000 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. The financial market recently concluded the lifecycle of a notable debt instrument, specifically the bond identified by ISIN DE000NLB8739, which was issued by the Norddeutsche Landesbank -Girozentrale- (NORD/LB), a prominent German state-owned wholesale bank and regional financial institution headquartered in Hanover; this fixed-income security, originating from Germany, was characterized by a coupon rate of 0.625% with annual interest payments, issued as part of a total offering size of EUR 800,000,000 and available in minimum trading increments of EUR 1,000; while its market price stood at 100% prior to its conclusion, the key development for this instrument is its successful maturity and full redemption on January 18, 2027, marking the complete repayment of its principal to bondholders. |
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