Bond Bayern Landesbank 0% ( DE000BLB91P5 ) in USD
Issuer | Bayern Landesbank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 16/10/2023 - Bond has expired |
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Minimal amount | / |
Total amount | / |
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. The bond identified by ISIN DE000BLB91P5, issued by Bayerische Landesbank, a prominent German Landesbank headquartered in Munich and majority-owned by the Free State of Bavaria and the Bavarian Savings Banks Association, has successfully reached its maturity date of October 16, 2023, and has been fully redeemed. Originating from Germany, this USD-denominated obligation carried a stated interest rate of 0%, indicating it provided no periodic coupon payments during its lifespan, thus making its reported payment frequency of 2 (typically semi-annual) for coupon distribution effectively moot. At its maturity, the bond was observed to be trading at 100% of its principal amount on the market, confirming its complete and timely repayment to bondholders. |