Bond NRW Bank 0.01% ( DE000NWB2LJ8 ) in EUR

Issuer	NRW Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NWB2LJ8 ( in EUR )
Interest rate	0.01% per year ( payment 1 time a year)
Maturity	19/08/2029
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Minimal amount	100 000 EUR
Total amount	20 000 000 EUR
Next Coupon	20/08/2026 ( In 289 days )
Detailed description	NRW.BANK is a German public-sector bank focusing on providing financial services to the state of North Rhine-Westphalia, including public institutions, businesses, and private individuals. A recent bond issuance, identified by ISIN DE000NWB2LJ8, presents an investment opportunity within the German debt market, originated by NRW.BANK, the state development bank for North Rhine-Westphalia, Germany's most populous federal state. NRW.BANK operates under a public mandate, serving to foster the economic and structural development of the region through a diverse array of financing initiatives for infrastructure, housing, small and medium-sized enterprises, and innovation, thereby playing a pivotal role in regional progress and typically benefiting from robust credit quality due to its public backing. This specific debt instrument, denominated in Euros (EUR), is presently quoted at 100% of its nominal value, indicating a market price at par. It features an annual interest rate, or coupon, of 0.01% and is scheduled to mature on August 19, 2029, at which point the principal will be repaid. The total size of this bond issue is EUR 20,000,000, with a minimum investment threshold, or lot size, of EUR 100,000, and coupon payments are disbursed with an annual frequency.