Bond LBBW 0.28% ( DE000LB2BSG6 ) in EUR

Issuer	LBBW
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB2BSG6 ( in EUR )
Interest rate	0.28% per year ( payment 1 time a year)
Maturity	12/02/2024 - 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 financial instrument under review, identified by its ISIN code DE000LB2BSG6, is a bond issued by Landesbank Baden-Württemberg (LBBW), a prominent universal bank and one of Germany's largest Landesbanken. Headquartered in Stuttgart, LBBW operates as a key financial institution providing comprehensive banking and financial services to a diverse clientele including corporate, retail, and public sector customers, primarily within the state of Baden-Württemberg and across Germany, with an expanding international presence; as a public-sector financial institution, its operations are integral to supporting regional economic development and stability. This specific bond, denominated in EUR, featured an interest rate of 0.28% and represented a total issuance size of EUR 24,000,000, with a minimum purchase increment set at EUR 1,000. Originating from Germany, the bond traded at a final market price of 100% prior to its conclusion. With annual payment frequency, the DE000LB2BSG6 bond reached its scheduled maturity date on February 12, 2024, and has subsequently been fully redeemed and repaid to its bondholders, completing its term in the fixed-income market.