Français
ItalianoBond NRW.BANK 0% ( XS0851062520 ) in USD
| Issuer | NRW.BANK | ||||||||
| Market price |  30.52 % ⇌ |
||||||||
| Country |  Germany
|
||||||||
| ISIN code |
 XS0851062520 ( in USD )
|
||||||||
| Interest rate | 0% | ||||||||
| Maturity | 07/11/2042 | ||||||||
|
Prospectus brochure in PDF format |
|||||||||
| Minimal amount | 982 800 USD | ||||||||
| Total amount | 98 280 000 USD | ||||||||
| 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 state development bank for North Rhine-Westphalia, Germany's most populous federal state, has issued a notable financial instrument identified by ISIN XS0851062520. This bond, denominated in US Dollars, is currently trading at 100% of its face value and is set to mature on November 7, 2042. A distinctive feature of this offering is its 0% interest rate, categorizing it as a zero-coupon bond, which implies that investors do not receive periodic interest payments but instead realize returns from the difference between the purchase price and the bond's face value upon maturity. Despite a stated payment frequency of 2, this characteristic confirms its nature as an instrument with principal redemption at maturity as the sole cash flow event. The total issue size for this bond stands at $98,280,000, with a substantial minimum lot size of $982,800, potentially appealing to institutional investors or high-net-worth individuals seeking long-term exposure to a German state-backed entity without recurring coupon income. |
||||||||
| |||||||||