Bond Badenia-Wuerttemberg Bank 0.59% ( DE000LB2ZT14 ) in EUR

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB2ZT14 ( in EUR )
Interest rate	0.59% per year ( payment 1 time a year)
Maturity	28/03/2024 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	100 000 000 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 review pertains to the DE000LB2ZT14 bond, a fixed-income security issued by Landesbank Baden-Wuerttemberg (LBBW), a leading German Landesbank headquartered in Stuttgart, playing a crucial role in providing comprehensive banking services primarily within its home state and to corporate clients. This specific bond, issued from Germany and denominated in EUR, carried an annual interest rate of 0.59% and represented a total issuance size of EUR 100,000,000, with a minimum lot size for investment set at EUR 1,000. Characterized by an annual payment frequency, the security successfully reached its maturity on March 28, 2024, and was subsequently redeemed at its par value of 100% of the principal amount, marking the full settlement of the obligation.