Bond Badenia-Wuerttemberg Bank 0.02% ( DE000LB13SU3 ) in EUR

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB13SU3 ( in EUR )
Interest rate	0.02% per year ( payment 1 time a year)
Maturity	05/05/2025 - 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. The bond identified by ISIN DE000LB13SU3, issued by the esteemed Landesbank Baden-Wuerttemberg (LBBW) from Germany, successfully reached its maturity on May 5, 2025, and has subsequently been fully redeemed by the issuer. Landesbank Baden-Wuerttemberg (LBBW) stands as one of Germany's prominent state-backed universal banks, headquartered in Stuttgart, providing comprehensive financial services to corporate clients, retail customers, and the public sector within Baden-Württemberg and across broader markets. Its status as a Landesbank underpins its robust credit profile and active participation in the debt capital markets. This particular bond, denominated in EUR, featured a nominal coupon rate of 0.02%, reflecting the low-interest-rate environment prevalent during its issuance period. The total issuance size for this instrument was ?24,000,000, made accessible to investors with a minimum lot size of ?1,000. With its fixed annual payment frequency and having traded at its par value of 100% leading up to its final date, the successful repayment of principal to bondholders on its maturity date reinforces the issuer's financial strength and commitment to its debt obligations.