Bond Badenia-Wuerttemberg Bank 0% ( DE000LB1P1T9 ) in EUR

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB1P1T9 ( in EUR )
Interest rate	0%
Maturity	01/03/2027
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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 a bond instrument, identified by ISIN code DE000LB1P1T9, issued by Landesbank Baden-Württemberg (LBBW), a prominent German universal bank. Headquartered in Stuttgart, LBBW stands as one of Germany's largest financial institutions, distinguished by its ownership structure which includes the state of Baden-Württemberg, the city of Stuttgart, and the local savings banks association, underlining its significant public sector backing and integral role in serving corporate, retail, and public sector clients within the regional economy and beyond. This particular bond, denominated in Euros (EUR) and issued from Germany, currently trades at 100% of its nominal value on the market. It features a 0% interest rate, indicating that it is a zero-coupon bond or a bond structured without periodic coupon payments, with investors set to receive the full principal amount at its maturity on March 1, 2027. The total issuance size for this debt instrument amounts to EUR 24,000,000, with a minimum lot size for investment set at EUR 1,000, offering accessibility to a range of market participants interested in capital preservation rather than income generation given its zero-coupon nature and current par valuation.