Bond Hessen-Thüringen Landesbank 11% ( DE000HLB4X60 ) in EUR

Issuer	Hessen-Thüringen Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000HLB4X60 ( in EUR )
Interest rate	11% per year ( payment 1 time a year)
Maturity	30/01/2020 - Bond has expired
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Detailed description	Landesbank Hessen-Thüringen Girozentrale (Helaba) is a German Landesbank, the central bank for the states of Hesse and Thuringia, offering a wide range of financial services to businesses, public institutions, and private customers. An analysis of the DE000HLB4X60 fixed-income instrument confirms its status as a bond, issued by Landesbank Hessen-Thüringen Girozentrale, commonly known as Helaba, a prominent public-sector financial institution headquartered in Germany. The bond, denominated in EUR, featured a significant coupon rate of 11% and was structured with an annual payment frequency. Its specified maturity date was January 30, 2020, at which point it was fully redeemed at its par value, reflecting a market price of 100% at the time of repayment. Landesbank Hessen-Thüringen Girozentrale plays a vital role within the German financial landscape, operating as one of the country's leading Landesbanks; it is a universal bank focusing on wholesale banking, capital market activities, and serving as a central bank for the savings banks (Sparkassen) in the federal states of Hesse and Thuringia, its primary owners alongside the Sparkassen- und Giroverband Hessen-Thüringen. The DE000HLB4X60 bond has successfully completed its lifecycle, having matured and been repaid as per its terms.