Bond Nordrhein-Westfalen 1.2% ( DE000NRW2ZH4 ) in EUR

Issuer	Nordrhein-Westfalen
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NRW2ZH4 ( in EUR )
Interest rate	1.2% per year ( payment 1 time a year)
Maturity	16/09/2016 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	100 000 000 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. A notable fixed-income instrument, identified by its ISIN DE000NRW2ZH4, was an obligation issued by North Rhine-Westphalia, one of Germany's most populous and economically robust federal states, which serves as a significant issuer in the sovereign and quasi-sovereign debt markets, relying on its strong economic base and fiscal stability to back its financial obligations. Originating from Germany, this particular bond, denominated in EUR, carried an annual interest rate (coupon) of 1.2% and had a substantial total issuance size of EUR 100,000,000, with a minimum purchase increment set at EUR 1,000. The instrument matured on September 16, 2016, and as confirmed, it has since reached its maturity date and has been fully redeemed, implying that all principal and final interest payments were concluded at a market price of 100% upon its redemption.