Bond Badenia-Wuerttemberg Bank 1.9% ( DE000LB129J3 ) in CAD

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB129J3 ( in CAD )
Interest rate	1.9% per year ( payment 1 time a year)
Maturity	21/03/2022 - Bond has expired
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Minimal amount	1 000 CAD
Total amount	30 000 000 CAD
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. The bond identified by ISIN code DE000LB129J3, issued by Landesbank Baden-Wuerttemberg (LBBW), recently reached its maturity and was subsequently redeemed. Landesbank Baden-Wuerttemberg, a major German Landesbank based in Stuttgart, functions as a universal bank primarily serving the state of Baden-Württemberg's economy, also acting as a central bank for local savings banks and engaging in comprehensive corporate, retail, and capital market operations. This particular fixed-income security, denominated in Canadian Dollars (CAD), was issued with a total size of CAD 30,000,000 and offered an annual interest rate of 1.9%. With a minimum investment lot of CAD 1,000, the bond reached its final maturity on March 21, 2022, at which point it was redeemed at its par value, reflecting the reported market price of 100% at its conclusion.