Bond LBBW 0.9% ( DE000LB13BN4 ) in EUR

Issuer	LBBW
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB13BN4 ( in EUR )
Interest rate	0.9% per year ( payment 1 time a year)
Maturity	25/03/2024 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	24 000 000 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 article details the recent maturity of a specific fixed-income instrument issued by Landesbank Baden-Württemberg (LBBW), a significant German state-backed commercial bank headquartered in Stuttgart and one of the largest financial institutions in Germany. Identified by the ISIN DE000LB13BN4, this particular bond, issued from Germany, carried an annual interest rate of 0.9% and was denominated in EUR. The total issuance size for this obligation amounted to EUR 24,000,000, with a minimum lot size available for investment set at EUR 1,000. On its maturity date of March 25, 2024, the bond was observed trading at 100% of its par value on the market. It is hereby confirmed that this obligation has successfully reached its maturity and has been fully redeemed, ensuring the return of principal to its bondholders.