Bond Bayern Landesbank 2.7% ( DE000BLB3SQ3 ) in EUR
Issuer | Bayern Landesbank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 2.7% per year ( payment 1 time a year) |
Maturity | 03/11/2023 - Bond has expired |
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Minimal amount | 1 000 EUR |
Total amount | 100 000 000 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. This financial instrument, identified by the ISIN DE000BLB3SQ3, was an obligation issued by Bayerische Landesbank, a prominent German public-sector bank headquartered in Munich, which serves as a commercial bank and central institution for Bavarian savings banks, playing a significant role in the country's financial landscape for both corporate and public-sector clients. Originating from Germany, this EUR-denominated bond, part of an issuance totaling EUR 100,000,000, permitted minimum investments of EUR 1,000 and offered an annual interest rate of 2.7%, having been quoted at 100% of its nominal value on the market; crucially, this bond reached its scheduled maturity date on November 3, 2023, and has since been fully redeemed, signifying the successful completion of its lifecycle and the repayment of principal to its bondholders. |