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      Instrument data
      Senority
      Senior Unsecured
      Currency
      EUR
      ISIN
      DE000NRW0FS7
      Coupon percent
      1.035%
      Coupon type
      Floating: Fixed then Floating
      Instrument volume
      55,000,000
      Maturity date
      21/08/2034
      -
      AAA Outlook: Stable
      AAA Outlook: Stable
      Latest change
      Affirmed
      26/04/2024
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Julian Zimmermann Lead analyst
      Alvise Lennkh-Yunus Committee chair
      Scope affirms and publishes NRW’s AAA rating with Stable Outlook

      26/4/2024 Rating announcement EN

      Scope affirms and publishes NRW’s AAA rating with Stable Outlook

      A strong institutional framework, excellent market access, conservative financial, debt and liquidity management, and sound economic fundamentals are strengths. Relatively high debt and some budget pressures, with moderate flexibility, are challenges.

      Date Title