Bond Badenia-Wuerttemberg Bank 0.03% ( DE000LB1P373 ) in EUR

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB1P373 ( in EUR )
Interest rate	0.03% per year ( payment 1 time a year)
Maturity	22/03/2022 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	10 000 000 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. An analysis of the DE000LB1P373 bond, a fixed-income instrument denominated in EUR and issued by Landesbank Baden-Wuerttemberg (LBBW), a prominent state-backed financial institution based in Germany, indicates that this debt security, which carried a very low annual coupon rate of 0.03% and was part of a total issuance size of EUR 10,000,000 with a minimum lot size for purchase of EUR 100,000, reached its maturity date on March 22, 2022, and was successfully redeemed at its par value of 100%.