Bond Nordrhein-Westfalen 2.9% ( DE000NRW0BU2 ) in EUR

Issuer	Nordrhein-Westfalen
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NRW0BU2 ( in EUR )
Interest rate	2.9% per year ( payment 1 time a year)
Maturity	23/12/2015 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	50 000 000 EUR
Detailed description	North Rhine-Westphalia is Germany's most populous state, a highly industrialized region encompassing major cities like Cologne, Düsseldorf, and Dortmund, with a diverse economy spanning manufacturing, technology, and services. This financial analysis details the key specifications of the DE000NRW0BU2 bond, an investment vehicle issued by North Rhine-Westphalia, the most populous and economically significant federal state within Germany, renowned for its robust industrial and financial sectors, whose debt instruments are typically viewed as high-grade, quasi-sovereign offerings; initially launched with a total issue size of EUR 50,000,000 and a minimum denomination for investors set at EUR 1,000, this Euro-denominated obligation featured an annual coupon rate of 2.9%, and, having reached its maturity date on December 23, 2015, was successfully repaid at its par value of 100%, signifying its complete fulfillment of obligations to bondholders.