Bond Nordrhein-Westfalen Land 4.236% ( DE000NRW2YG9 ) in EUR

Issuer Nordrhein-Westfalen Land
Market price refresh price now   100.00 %  ⇌ 
Country  Germany
ISIN code  DE000NRW2YG9 ( in EUR )
Interest rate 4.236% per year ( payment 1 time a year)
Maturity 12/10/2036



Prospectus brochure in PDF format

Minimal amount 50 000 EUR
Total amount 87 400 000 EUR
Next Coupon 12/10/2026 ( In 35 days )
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.

An in-depth analysis reveals particulars of a notable bond issuance from Nordrhein-Westfalen Land, identified by its ISIN DE000NRW2YG9, positioning it as a key offering within the fixed-income landscape. Nordrhein-Westfalen Land, the esteemed issuer, represents Germany's most populous and economically significant federal state, functioning as a vital industrial and commercial powerhouse with a diversified economic base encompassing manufacturing, energy, and services, thereby underpinning its high creditworthiness and fiscal stability as a reliable sovereign-backed entity. This particular bond, denominated in EUR, offers investors a substantial annual interest rate of 4.236% and is set to mature on October 12, 2036, providing a long-term investment horizon. The total issuance size for this bond amounts to EUR 87,400,000, with a minimum investment lot size established at EUR 50,000, targeting qualified investors, and payments are structured to occur annually, providing a predictable income stream. Currently, the bond is observed to be trading at 100% of its nominal value on the market, reflecting a direct alignment between its coupon and its current yield.
DateClean price
07/08/2024100.00%
09/07/2024100.00%
08/07/2024100.00%
03/09/2023100.00%