Bond Badenia-Wuerttemberg Bank 0.12% ( DE000LB2BNR4 ) in EUR

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB2BNR4 ( in EUR )
Interest rate	0.12% per year ( payment 1 time a year)
Maturity	19/02/2024 - Bond has expired
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Minimal amount	50 000 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 identified by ISIN DE000LB2BNR4, a bond issued by Landesbank Baden-Wuerttemberg (LBBW), has successfully reached its maturity and been fully repaid. LBBW, a significant public-sector universal bank headquartered in Stuttgart, Germany, plays a crucial role in the German financial landscape, serving as a central bank for savings banks in Baden-Württemberg and offering a wide range of financial services to corporate, institutional, and private clients. This specific debt security, issued from Germany, carried a coupon rate of 0.12% with annual payment frequency, denominated in EUR. The total size of the bond issue amounted to EUR 24,000,000, with investors typically acquiring minimum lots of EUR 50,000. Having reached its scheduled maturity date on February 19, 2024, the bond was redeemed at 100% of its nominal value, confirming the full principal repayment to its holders and the successful conclusion of its term.