Bond LBBW 0.69% ( DE000LB13WQ3 ) in EUR

Issuer	LBBW
Market price	100 % ▲
Country	Germany
ISIN code	DE000LB13WQ3 ( in EUR )
Interest rate	0.69% per year ( payment 1 time a year)
Maturity	19/04/2034
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Minimal amount	50 000 EUR
Total amount	24 000 000 EUR
Next Coupon	20/04/2026 ( In 214 days )
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 financial markets are currently featuring a bond issuance, identified by the International Securities Identification Number (ISIN) DE000LB13WQ3, originating from Germany. This Euro-denominated debt instrument, presently trading at 100% of its nominal value, offers a fixed annual interest rate of 0.69%, providing a predictable income stream to investors until its maturity on April 19, 2034. The total volume for this particular issuance stands at EUR 24,000,000, with a stipulated minimum lot size for investment of EUR 50,000, catering primarily to institutional or sophisticated investors. The esteemed issuer of this bond is Landesbank Baden-Württemberg (LBBW), one of Germany's largest and most prominent state-backed banks, headquartered in Stuttgart. LBBW operates as a universal bank, serving a diverse clientele that spans retail customers, corporate clients, and public sector entities, providing a comprehensive array of financial services ranging from commercial banking and asset management to capital market operations. Its position as a significant financial institution within the robust German economy, coupled with its public ownership structure, underpins the credit profile of this bond, making it a relevant consideration for fixed-income portfolios seeking exposure to a stable European sovereign entity.