Bond Nordrhein-Westphalie Land 3% ( DE000NRW75G5 ) in EUR

Issuer	Nordrhein-Westphalie Land
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NRW75G5 ( in EUR )
Interest rate	3% per year ( payment 1 time a year)
Maturity	24/05/2027
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Next Coupon	24/05/2027 ( In 344 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. This financial instrument analysis highlights a specific bond issued by Nordrhein-Westfalen Land, identifiable by its ISIN DE000NRW75G5. Nordrhein-Westfalen Land, or North Rhine-Westphalia, stands as Germany's most populous state and a significant economic driver within the Eurozone. As one of Germany's 16 federal states, it possesses a diversified and robust economy, contributing substantially to the national GDP across various sectors, including industry, finance, and services. The state's strong credit profile and financial stability are supported by consistent tax revenues, reliable federal transfers, and disciplined fiscal management, establishing it as a highly respected sovereign issuer in European capital markets. The bond in question is a fixed-income security carrying an annual interest rate, or coupon, of 3%. With its maturity date set for May 24, 2027, it represents a short-to-medium term investment. Interest payments are distributed with an annual frequency. Currently, the bond is trading at 100% of its face value on the market, indicating that its yield to maturity precisely matches its 3% coupon rate, assuming it is held to maturity. Denominated in Euros (EUR), this security originates from Germany, reinforcing its position within a stable and well-regulated economic environment.