Bond LBBW 3% ( DE000LB1QB24 ) in USD

Issuer LBBW
Market price 100 %  ▲ 
Country  Germany
ISIN code  DE000LB1QB24 ( in USD )
Interest rate 3% per year ( payment 1 time a year)
Maturity 22/08/2021 - Bond has expired



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Minimal amount /
Total amount 24 000 000 USD
Detailed description Landesbank Baden-Württemberg (LBBW) is a German public-sector bank providing financial services to businesses, institutions, and public-sector entities, with a strong focus on the Baden-Württemberg region.

Landesbank Baden-Württemberg (LBBW), a prominent German Landesbank and universal bank headquartered in Stuttgart, Germany, successfully redeemed its DE000LB1QB24 bond on August 22, 2021, marking the full repayment of this USD 24,000,000 issue. This USD-denominated debt instrument, which carried an annual coupon rate of 3% with annual payment frequency, had reached its maturity date, with its market price having been at par (100%) prior to its scheduled redemption, ensuring investors received their principal back as per the bond's terms upon its natural conclusion.