Bond Badenia-Wuerttemberg Bank 0% ( DE000LB0WMV8 ) in EUR

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB0WMV8 ( in EUR )
Interest rate	0%
Maturity	24/06/2022 - 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. An analysis of the bond market reveals the recent maturity and repayment of a specific fixed-income instrument issued by Landesbank Baden-Wuerttemberg (LBBW), a prominent financial institution in Germany. Headquartered in Stuttgart, Baden-Württemberg, LBBW stands as one of Germany's largest Landesbanken; these state-backed regional banks play a vital role in the German financial landscape, primarily serving public sector entities, corporate clients, and providing comprehensive banking services within their respective federal states, with LBBW's operations spanning corporate banking, retail banking, asset management, and capital markets activities, underscoring its significant contribution to the regional and national economy. The bond in question, identified by its ISIN DE000LB0WMV8, was a Euro-denominated debt instrument with an initial total issuance size of EUR 50,000,000, noteworthy for its 0% interest rate, which strongly suggests it was either a zero-coupon bond issued at a discount or a specialized financing vehicle, featuring a minimum trading lot size of EUR 1,000. Issued from Germany, this bond reached its stipulated maturity date on June 24, 2022, at which point it was fully repaid to investors at its face value, consistent with its market price of 100% at maturity, thus completing its life cycle within the capital markets.