Bond Bayern Landesbank 0% ( DE000BLB9376 ) in USD

Issuer	Bayern Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000BLB9376 ( in USD )
Interest rate	0%
Maturity	28/04/2023 - Bond has expired
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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 financial instrument, identified by ISIN DE000BLB9376, was a bond issued by Bayerische Landesbank, a prominent public-sector bank in Germany with a strong focus on serving Bavarian public institutions, corporate clients, and the real estate sector, often benefiting from state guarantees, thereby underpinning its stability as an issuer in the European financial landscape. This particular bond, denominated in US Dollars (USD), carried a 0% interest rate, indicating its structure as a zero-coupon instrument, where investor returns were realized through the difference between the discounted issuance price and the full principal amount received at maturity, rather than periodic interest payments. Issued from Germany, a key jurisdiction within the Eurozone, the bond reached its stipulated maturity date on April 28, 2023, at which point it was successfully redeemed at its nominal value of 100%, completing its lifecycle and signifying the timely repayment of principal to bondholders.