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ItalianoBond Nordrhein-Westfalen 0% ( DE000NRW0E19 ) in EUR
| Issuer | Nordrhein-Westfalen |
| Market price | 100 % ⇌ |
| Country |  Germany
|
| ISIN code |
 DE000NRW0E19 ( in EUR )
|
| Interest rate | 0% |
| Maturity | 15/01/2020 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 EUR |
| Total amount | 1 000 000 000 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. North Rhine-Westphalia, a prominent federal state within Germany recognized for its significant economic output and robust administrative structure, successfully issued and redeemed a zero-coupon bond, identified by the ISIN DE000NRW0E19. This bond, denominated in Euro (EUR) and representing a total issuance size of EUR 1,000,000,000, was characterized by a 0% interest rate, meaning investors realized their return through the difference between the purchase price and the bond's par value at maturity. The minimum subscription size for this debt instrument was set at EUR 1,000. With its original maturity date on January 15, 2020, the bond reached its full term and was subsequently redeemed at 100% of its principal value, underscoring North Rhine-Westphalia's reliable management of its financial obligations within the sovereign bond market. |