Bond Badenia-Wuerttemberg Bank 2.1% ( DE000LB0WGM9 ) in EUR

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB0WGM9 ( in EUR )
Interest rate	2.1% per year ( payment 1 time a year)
Maturity	12/04/2022 - 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. This financial analysis provides a comprehensive overview of the recently matured bond issued by Landesbank Baden-Wuerttemberg (LBBW), identifiable by its ISIN code DE000LB0WGM9. Landesbank Baden-Wuerttemberg (LBBW), headquartered in Stuttgart, is recognized as one of Germany's prominent state-backed universal banks, playing a significant role in supporting the economy of Baden-Württemberg through its comprehensive financial services offered to corporate, institutional, and private clients, thereby underpinning its solid standing in the financial markets. This specific debt instrument, a bond issued from Germany, was denominated in Euros (EUR) and featured an annual interest rate of 2.1%. The total issuance size for this obligation amounted to EUR 50,000,000, structured with a minimum purchase size of EUR 1,000. It carried an annual payment frequency for its interest disbursements. The bond reached its scheduled maturity on April 12, 2022, at which point its market price was recorded at 100% of par. As confirmed by the issuer, this bond has successfully matured and was fully redeemed on its maturity date, concluding the debt obligation for LBBW and ensuring the return of principal to its bondholders as per its terms.