Bond Badenia-Wuerttemberg Bank 1.25% ( DE000LB01ZV1 ) in EUR

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ▲
Country	Germany
ISIN code	DE000LB01ZV1 ( in EUR )
Interest rate	1.25% per year ( payment 1 time a year)
Maturity	15/07/2024 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	50 000 000 EUR
Detailed description	Landesbank Baden-Württemberg (LBBW) is a German public-sector bank headquartered in Stuttgart, offering a wide range of financial services to corporate and public-sector clients, both domestically and internationally. An investment-grade bond issued by Landesbank Baden-Wuerttemberg (LBBW), identified by ISIN DE000LB01ZV1, has concluded its lifecycle, having matured and been fully repaid on July 15, 2024. LBBW, a significant public-sector bank based in Germany, serves as a universal bank and central institution for savings banks in Baden-Württemberg, underlining its prominent role in the German financial landscape. This particular Euro-denominated bond, issued from Germany as part of a ?50,000,000 total issuance with a minimum lot size of ?1,000, carried an annual interest rate of 1.25% and was observed to trade at 100% of its nominal value on the market prior to its redemption, signifying repayment at par. The successful repayment on its maturity date ensures that all principal and final interest obligations were met, reflecting the issuer's timely fulfillment of its financial commitments.