Bond Badenia-Wuerttemberg Bank 1.4% ( DE000LB0ZZY7 ) in EUR

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB0ZZY7 ( in EUR )
Interest rate	1.4% per year ( payment 1 time a year)
Maturity	12/01/2023 - Bond has expired
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Minimal amount	50 000 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 a specific debt instrument reveals the lifecycle of a bond issued by Landesbank Baden-Wuerttemberg (LBBW), which has successfully reached its maturity and been repaid. Bearing the ISIN DE000LB0ZZY7, this Euro-denominated bond, issued from Germany, carried a fixed interest rate of 1.4% and represented a total issuance size of EUR 50,000,000, with a minimum investment lot set at EUR 50,000. Landesbank Baden-Wuerttemberg (LBBW) is a significant universal bank in Germany, headquartered in Stuttgart, and ranks among the largest Landesbanken. As a state-owned financial institution, primarily owned by the state of Baden-Württemberg and various savings banks, LBBW plays a crucial role in commercial banking, corporate finance, capital markets, and public sector financing, underpinning its credit profile through its robust structure and regional importance. The bond's maturity date was January 12, 2023, with annual interest payments. Upon its maturity, the bond was redeemed at 100% of its nominal value, confirming its full repayment to investors.