Bond Nordrhein-Westfalen 0% ( XS0163356651 ) in JPY

Issuer	Nordrhein-Westfalen
Market price	100 % ⇌
Country	Germany
ISIN code	XS0163356651 ( in JPY )
Interest rate	0%
Maturity	12/03/2033
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 000 000 JPY
Total amount	1 100 000 000 JPY
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. This financial article details a specific bond issuance by North Rhine-Westphalia, Germany, identified by ISIN XS0163356651. The issuer, North Rhine-Westphalia (Nordrhein-Westfalen), stands as Germany's most populous and economically significant federal state, contributing a substantial portion to the nation's GDP through its diversified economy encompassing industries from automotive and machinery to chemicals and energy, thereby underpinning its strong creditworthiness as a sovereign-backed entity in the international financial markets. This particular bond, denominated in Japanese Yen (JPY), demonstrates the issuer's reach into global capital pools, with a total issuance size of JPY 1,100,000,000. Notably, it is structured as a zero-coupon bond, meaning it carries a stated interest rate of 0% and does not provide periodic interest payments to bondholders; instead, investors typically realize their return through the difference between the discounted purchase price and the full face value received at its maturity on March 12, 2033. However, the current market price is quoted at 100% of its face value, indicating it is presently trading at par. The stated payment frequency of '1' further confirms that the principal amount is disbursed as a single lump sum upon maturity, aligning with the characteristics of a zero-coupon instrument. With a significant minimum lot size for investment set at JPY 100,000,000, this bond is clearly positioned towards institutional investors and large-scale financial participants seeking exposure to highly-rated European governmental debt within the Japanese Yen market.