Bond Badenia-Wuerttemberg Bank 2.5% ( DE000LB35JK6 ) in EUR
Issuer | Badenia-Wuerttemberg Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 2.5% per year ( payment 1 time a year) |
Maturity | 23/05/2024 - 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. An examination of recent debt market activity highlights the maturity and redemption of the bond identified by ISIN DE000LB35JK6, issued by Landesbank Baden-Wuerttemberg (LBBW). This particular debt instrument, originating from Germany and denominated in EUR, carried an annual interest rate of 2.5% and reached its scheduled maturity on May 23, 2024, at which point it was fully redeemed at its current market price of 100% of par. Landesbank Baden-Wuerttemberg, a significant public-sector bank headquartered in Baden-Württemberg, Germany, serves as a crucial financial institution providing a wide array of banking and financial services, with its robust public backing reinforcing its standing as an issuer in the global debt markets. |