Bond Nordrhein-Westphalie Land 1.836% ( DE000NRW0ND3 ) in EUR

Issuer	Nordrhein-Westphalie Land
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NRW0ND3 ( in EUR )
Interest rate	1.836% per year ( payment 1 time a year)
Maturity	16/05/2062 - Bond has expired
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Minimal amount	/
Total amount	100 000 000 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 DE000NRW0ND3 bond, a fixed-income instrument issued by Nordrhein-Westfalen Land, a highly reputable German federal state, has officially reached its maturity date of May 16, 2062, and has been fully redeemed. This specific obligation, which was part of a EUR 100,000,000 total issue size, carried an annual interest rate of 1.836% and was denominated in Euros, reflecting its origin in Germany. Nordrhein-Westfalen Land, as the issuer, is one of Germany's most populous and economically powerful federal states, boasting a robust industrial and service sector that underpins its strong creditworthiness and contributes significantly to the national economy, making its debt instruments widely recognized for their stability within the European market. Having traded at a market price of 100% prior to its conclusion, the bond's redemption at par ensures the full return of principal to bondholders, marking the successful completion of this long-term investment cycle.