Bond Badenia-Wuerttemberg Bank 1.38% ( DE000LB1DTJ6 ) in EUR

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB1DTJ6 ( in EUR )
Interest rate	1.38% per year ( payment 1 time a year)
Maturity	12/01/2023 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	20 000 000 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. A financial market report highlights details regarding a specific bond, ISIN DE000LB1DTJ6, issued by Landesbank Baden-Wuerttemberg (LBBW). LBBW is recognized as a significant German Landesbank, predominantly owned by the state of Baden-Württemberg and its associated savings banks. It functions as a comprehensive universal bank, delivering a wide array of financial services to corporate, retail, and public sector clients, and serves as a central clearing bank for regional savings institutions, thereby holding a crucial position within Germany's financial infrastructure. This particular debt instrument, originated in Germany and denominated in EUR, featured an annual coupon rate of 1.38%, a total issuance volume of EUR 20,000,000, and a minimum investment lot of EUR 100,000. While its market price was noted at 100% prior to its conclusion, indicating a redemption at par, this bond, which had a stated maturity date of January 12, 2023, and an annual payment frequency, has successfully completed its lifecycle, having matured and been fully repaid.