Bond LBBW 3.2% ( DE000LB429X8 ) in EUR

Issuer	LBBW
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB429X8 ( in EUR )
Interest rate	3.2% per year ( payment 1 time a year)
Maturity	07/04/2025 - 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. ISIN DE000LB429X8 Bond Reaches Successful Maturity and Repayment The bond identified by the International Securities Identification Number (ISIN) DE000LB429X8, issued in Euros (EUR) by Landesbank Baden-Württemberg, has successfully reached its maturity date of April 7, 2025, and has been fully repaid to bondholders. This German-originated debt instrument carried an annual interest rate of 3.2% with a payment frequency of one per year. Prior to its maturity and repayment, the bond's market price was reported at 100% of its face value, indicating a par redemption. Landesbank Baden-Württemberg (LBBW), the issuer, is one of Germany's largest state-owned banks and a significant financial institution headquartered in Stuttgart. LBBW operates as a universal bank, providing a comprehensive range of financial services to corporate, retail, and institutional clients, as well as the public sector. Its robust financial standing is underpinned by its ownership structure, which includes the German federal state of Baden-Württemberg and several savings bank associations, contributing to its strong credit profile in the financial markets. The successful conclusion of this bond's lifecycle, marked by its scheduled repayment, demonstrates Landesbank Baden-Württemberg's consistent adherence to its financial commitments to investors.