Bond Nordrhein-Westphalie Land 4.18% ( DE000NRW0DD4 ) in EUR

Issuer Nordrhein-Westphalie Land
Market price 100 %  ⇌ 
Country  Germany
ISIN code  DE000NRW0DD4 ( in EUR )
Interest rate 4.18% per year ( payment 1 time a year)
Maturity 23/09/2018 - Bond has expired



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Minimal amount 1 000 EUR
Total amount 40 000 000 EUR
Detailed description North Rhine-Westphalia is Germany's most populous state, a highly industrialized region with significant contributions to the country's economy and a rich cultural heritage encompassing historic cities like Cologne and Düsseldorf.

This financial obligation, identified by ISIN DE000NRW0DD4, was issued by Nordrhein-Westfalen Land, a highly creditworthy federal state of Germany and a significant participant in the German sovereign bond market, with the issuance itself originating from Germany; denominated in Euros (EUR) and carrying an annual interest rate of 4.18%, this bond featured annual interest payments and had a total issuance volume of EUR 40,000,000, with a minimum lot size for purchase set at EUR 1,000; though its market price was noted at 100% at a certain point, reflecting par value, this instrument reached its maturity on September 23, 2018, and has since been fully redeemed.