Bond Badenia-Wuerttemberg Bank 2% ( DE000LB323P9 ) in EUR

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB323P9 ( in EUR )
Interest rate	2% per year ( payment 1 time a year)
Maturity	25/03/2024 - Bond has expired
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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 bond identified by ISIN DE000LB323P9, issued by Landesbank Baden-Wuerttemberg (LBBW), has successfully reached its maturity date and been fully redeemed. Landesbank Baden-Wuerttemberg (LBBW) stands as one of Germany's prominent Landesbanken, serving as a universal bank for corporate clients, retail customers, and the public sector, primarily within its home state of Baden-Württemberg and beyond. With a strong regional anchoring and a significant presence in national and international financial markets, LBBW contributes substantially to the economic development of its region while maintaining a robust financial profile. This particular bond, denominated in EUR, originated from Germany, reflecting the issuer's domestic market base. It carried an annual interest rate of 2% and featured a payment frequency of once per year. The bond was quoted at 100% of its nominal value on the market prior to its expiry. Its definitive maturity date was March 25, 2024, at which point it was fully repaid to investors.