Bond Norddeutsche Landesbank 2.6488% ( DE000NLB8GB5 ) in EUR

Issuer	Norddeutsche Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NLB8GB5 ( in EUR )
Interest rate	2.6488% per year ( payment 1 time a year)
Maturity	26/08/2030
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 000 EUR
Total amount	10 000 000 EUR
Next Coupon	26/08/2026 ( In 253 days )
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. A recently detailed financial instrument, specifically a bond identified by its ISIN code DE000NLB8GB5, is currently attracting market attention. This fixed-income security has been issued by Norddeutsche Landesbank -Girozentrale- (NORD/LB), a prominent public-sector bank headquartered in Germany. NORD/LB operates as a universal bank with a strong focus on structured finance, real estate finance, and capital market activities, serving as a key financial institution in Northern Germany. Its ownership structure, primarily comprising the German federal states of Lower Saxony and Saxony-Anhalt, along with the Savings Banks and Giro Association of Lower Saxony, provides a significant layer of public-sector backing, which is often perceived as a strong credit positive by market participants, implying inherent stability and governmental support for its operations. The bond, denominated in Euro (EUR), offers a competitive annual interest rate of 2.6488% and is structured with a definitive maturity date of August 26, 2030. Reflecting its current market valuation, the bond is trading at 100% of its par value. The total volume of this particular issuance is set at EUR 10,000,000, with a stipulated minimum lot size for investment of EUR 100,000, targeting a specific segment of the investor community for this German-issued debt instrument.