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.
This financial analysis details a specific bond issuance, ISIN XS1078021349, originating from Germany, with Nrw.bank serving as the issuer; Nrw.bank, the development bank for the German state of North Rhine-Westphalia, plays a crucial role in supporting the region's economy, infrastructure, and public initiatives, reflecting its public-sector mandate. This particular USD-denominated bond, characterized by a 0% interest rate and a semi-annual payment frequency, represented a total issue size of 550,000,000 units, with a minimum lot size of 1,000 units. Trading at 100% of its par value on the market, the instrument reached its maturity date on June 18, 2018, and has since been fully repaid, confirming its complete redemption.
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