Bond LBBW 2.375% ( DE000LB38077 ) in EUR

Issuer	LBBW
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB38077 ( in EUR )
Interest rate	2.375% per year ( payment 1 time a year)
Maturity	26/02/2027 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	1 000 000 000 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. Landesbank Baden-Württemberg (LBBW), a leading German public-sector financial institution providing universal banking services and acting as the central bank for savings banks in Baden-Württemberg, recently saw the successful conclusion of a significant debt instrument, ISIN DE000LB38077, which reached its maturity and was fully redeemed. This particular bond, issued in Germany with an impressive total size of EUR 1,000,000,000, had a fixed interest rate of 2.375% and made payments annually, offering a minimum lot size of EUR 100,000 to investors. Denominated in Euros, the obligation matured on February 26, 2027, at which point it was repaid at its par value of 100%.