Bond Bayern Landesbank 2.3% ( DE000BLB2LF3 ) in EUR

Issuer	Bayern Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000BLB2LF3 ( in EUR )
Interest rate	2.3% per year ( payment 1 time a year)
Maturity	23/10/2023 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	200 000 000 EUR
Detailed description	Bayerische Landesbank (BayernLB) is a German public-sector bank operating primarily in Bavaria, providing a wide range of financial services to corporate and public clients, including financing, investment banking, and asset management. A specific bond issued by Bayerische Landesbank, identified by ISIN DE000BLB2LF3, has successfully reached its maturity date on October 23, 2023, and has been fully repaid to investors. This Euro-denominated debt instrument, originating from Germany, carried an annual fixed interest rate of 2.3% throughout its life. The total issuance size for this particular security was 200,000,000 EUR, with a minimum investment lot size of 1,000 EUR. The issuer, Bayerische Landesbank (BayernLB), is a significant public-sector bank based in Munich, Germany, serving as a central bank for Bavarian savings banks and providing comprehensive financial services to corporate clients, public authorities, and institutional investors across various sectors, including real estate, infrastructure, and Mittelstand companies. As one of Germany's Landesbanken, it plays a crucial role in regional economic development and participates actively in international financial markets, regularly issuing debt instruments as part of its funding strategy. Consistent with its terms, this bond, which traded at its par value of 100% prior to redemption, was retired as scheduled, ensuring that all bondholders received their principal back and concluding the lifecycle of this particular financial obligation.