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ItalianoBond LBBW 3.3% ( DE000LB4RQZ2 ) in EUR
| Issuer | LBBW |
| Market price | 100 % ⇌ |
| Country |  Germany
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| ISIN code |
 DE000LB4RQZ2 ( in EUR )
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| Interest rate | 3.3% per year ( payment 1 time a year) |
| Maturity | 16/09/2024 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| 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 DE000LB4RQZ2 bond, a fixed-income instrument issued by Landesbank Baden-Württemberg, a significant state-backed financial institution operating within Germany, successfully reached its maturity on September 16, 2024, and has been fully redeemed. This particular Euro-denominated (EUR) security, which offered an annual interest rate of 3.3% with a single annual payment frequency, originated from one of Germany's prominent Landesbanks, entities that historically play a critical role in the German financial system by serving as central banks for savings banks, providing public sector financing, and engaging in commercial banking for corporate clients, often benefiting from implicit or explicit state guarantees. At the time of its repayment, the bond was valued at 100% of its principal, reflecting its full redemption at par for investors. |