Bond Badenia-Wuerttemberg Bank 0.55% ( DE000LB1P878 ) in EUR

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB1P878 ( in EUR )
Interest rate	0.55% per year ( payment 1 time a year)
Maturity	30/05/2023 - Bond has expired
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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. The fixed-income instrument with ISIN DE000LB1P878, issued by the Landesbank Baden-Wuerttemberg (LBBW), has successfully concluded its lifecycle, reaching maturity on May 30, 2023, and undergoing full redemption at 100% of its face value. Landesbank Baden-Wuerttemberg, commonly known as LBBW, is a prominent universal bank headquartered in Stuttgart, Germany. As one of the largest Landesbanken, it plays a significant role in the German financial sector, serving individuals, corporate clients, and institutional investors both domestically and internationally. This specific bond, issued from Germany and denominated in EUR, carried an annual interest rate of 0.55% and had a total issuance size of EUR 24,000,000. It was accessible to investors with a minimum lot size of EUR 1,000. The bond's annual payment frequency has concluded with its final reimbursement.