Bond LBBW 0.01% ( DE000LB2CMY0 ) in EUR
Issuer | LBBW |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0.01% per year ( payment 1 time a year) |
Maturity | 18/09/2028 - Bond has expired |
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Minimal amount | 1 000 EUR |
Total amount | 650 000 000 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. This financial analysis details the DE000LB2CMY0 bond, an obligation issued by Landesbank Baden-Württemberg, a prominent universal bank based in Germany and one of the country's largest state-backed financial institutions, serving corporate, retail, and institutional clients while acting as a central bank for savings banks in its home state of Baden-Württemberg. Originally issued in EUR with a total size of ?650,000,000 and a minimum purchase increment of ?1,000, this debt instrument carried a low coupon rate of 0.01% annually; with its maturity date of September 18, 2028, now having been reached, the bond has been fully redeemed at 100% of its face value, concluding its lifecycle. |