Bond Norddeutsche Landesbank 4% ( DE000NLB89L3 ) in EUR

Issuer	Norddeutsche Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NLB89L3 ( in EUR )
Interest rate	4% per year ( payment 1 time a year)
Maturity	13/02/2025 - Bond has expired
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Minimal amount	100 000 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. The bond, identified by ISIN DE000NLB89L3 and issued by Norddeutsche Landesbank -Girozentrale-, a prominent German state bank (Landesbank) and a central giro institution for savings banks, has successfully reached its maturity date of February 13, 2025, and has been fully repaid. This fixed-income security, originating from Germany, featured an annual interest rate of 4% and was initially offered at 100% of its par value in euros. With a total issuance size of EUR 10,000,000 and a minimum lot size for investment of EUR 100,000, the instrument's lifecycle has concluded, demonstrating its predictable return for investors through the full redemption of its principal.