Bond Bayern Landesbank 0% ( DE000BLB9251 ) in GBP

Issuer	Bayern Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000BLB9251 ( in GBP )
Interest rate	0%
Maturity	09/08/2024 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
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. A specific debt instrument, identified by ISIN DE000BLB9251 and issued by Bayerische Landesbank, has recently reached its maturity date of August 9, 2024, and has been fully repaid. This bond, originating from Germany and denominated in Great British Pounds (GBP), was characterized by a zero-interest rate, categorizing it as a zero-coupon bond. Upon its maturity, the bond was settled at 100% of its face value, signifying the principal's full reimbursement to bondholders, with its single payment event occurring at the aforementioned maturity date. The issuer, Bayerische Landesbank (BayernLB), is a prominent public-sector bank headquartered in Munich, Germany, with its primary ownership vested in the Free State of Bavaria and the Bavarian Savings Banks Association. BayernLB operates as a universal bank, delivering comprehensive financial services to a diverse clientele including corporate enterprises, public-sector bodies, and real estate entities, while also serving as the central bank for the Bavarian savings banks network, providing essential liquidity management and other support functions. Its strategic involvement in commercial banking, capital markets, and real estate financing underscores its significant role in bolstering the Bavarian economy and its public infrastructure, both domestically and through its international operations.