Bond Badenia-Wuerttemberg Bank 0.625% ( DE000LB1A730 ) in EUR

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB1A730 ( in EUR )
Interest rate	0.625% per year ( payment 1 time a year)
Maturity	03/07/2023 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	100 000 000 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 outlines the German bond (ISIN: DE000LB1A730), issued by Landesbank Baden-Wuerttemberg (LBBW), a prominent German state-owned universal bank headquartered in Stuttgart and recognized as one of Germany's largest financial institutions, serving a broad spectrum of clients including corporate, retail, and institutional entities domestically and internationally. This Euro-denominated debt instrument, initially issued with a total volume of EUR 100,000,000, carrying an annual interest rate of 0.625%, and available in minimum lots of EUR 100,000, successfully reached its maturity on July 3, 2023, trading at 100% of its par value, and has subsequently been fully repaid to its holders, thereby concluding its financial cycle.