Bond Badenia-Wuerttemberg Bank 1.6% ( DE000LB0QZS8 ) in EUR
Issuer | Badenia-Wuerttemberg Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 1.6% per year ( payment 1 time a year) |
Maturity | 12/12/2022 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 10 000 EUR |
Total amount | 10 000 000 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 analysis of a recently matured debt instrument reveals key characteristics of fixed-income offerings from major European financial institutions. This particular bond, identified by its International Securities Identification Number (ISIN) DE000LB0QZS8, was issued by Landesbank Baden-Wuerttemberg (LBBW), a prominent German Landesbank headquartered in Stuttgart. LBBW operates as a universal bank primarily serving the state of Baden-Württemberg, its local authorities, corporate clients, and the savings banks in the region, while also maintaining a strong presence in the wholesale and capital markets, reflecting its significant role within the German financial landscape. The bond itself, denominated in Euros (EUR), carried a fixed annual coupon rate of 1.6%, providing a predictable income stream to investors throughout its tenure, with payments occurring once per year. The total nominal amount of this specific issuance was ?10,000,000, with a minimum investment threshold set at ?10,000 per lot, indicating its suitability for institutional investors or high-net-worth individuals. Originating from Germany, a key member of the Eurozone, the bond benefited from the stability associated with one of Europe's largest economies. Crucially, this debt security reached its scheduled maturity date on December 12, 2022. Upon reaching this date, the bond was fully redeemed at its nominal value of 100%, meaning that all principal amounts were returned to the bondholders, fulfilling the issuer's contractual obligations. This successful redemption marks the conclusion of the bond's lifecycle, reflecting a completed investment cycle for those who held the instrument until its final settlement. |