Bond Nordrhein-Westphalie Land 0.75% ( DE000NRW0HY1 ) in EUR

Issuer	Nordrhein-Westphalie Land
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NRW0HY1 ( in EUR )
Interest rate	0.75% per year ( payment 1 time a year)
Maturity	25/11/2024 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	20 000 000 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. The financial instrument identified by ISIN DE000NRW0HY1, a bond issued by Nordrhein-Westfalen Land, a highly reputable German federal state and significant sovereign issuer known for its stable fiscal policies and robust economy, has successfully reached its maturity and been fully redeemed. This Euro-denominated obligation, issued from Germany, featured a coupon rate of 0.75% with an annual payment frequency, and was part of a total issuance volume amounting to ?20,000,000, with a minimum investment lot size of ?1,000. Having been noted at a market price of 100% at the time of its active trading, the bond officially matured on November 25, 2024, confirming the completion of its lifecycle and the repayment of principal to all bondholders.