Bond NRW Bank 0% ( DE000NWB2MC1 ) in EUR

Issuer	NRW Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000NWB2MC1 ( in EUR )
Interest rate	0%
Maturity	14/05/2029
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Minimal amount	100 000 EUR
Total amount	500 000 000 EUR
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. NRW.BANK, the esteemed public-sector development bank for the German state of North Rhine-Westphalia, instrumental in fostering regional economic and structural development, has issued a bond identified by ISIN DE000NWB2MC1, originating from Germany, which, with a total issuance size of ?500,000,000 and a minimum lot size of ?100,000, is currently trading at 100% of its face value in EUR, features a 0% interest rate, and matures on May 14, 2029, with a single payment frequency, effectively positioning it as a zero-coupon instrument.