Bond LBBW 0% ( XS2637960639 ) in USD

Issuer LBBW
Market price 100 %  ⇌ 
Country  Germany
ISIN code  XS2637960639 ( in USD )
Interest rate 0%
Maturity 14/09/2023 - 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.

Landesbank Baden-Württemberg (LBBW), a prominent German state-backed financial institution headquartered in Stuttgart and serving as a universal bank for both corporate and private clients, recently saw the successful maturity and full repayment of its USD-denominated zero-coupon bond, identified by ISIN XS2637960639, on September 14, 2023. This specific fixed-income instrument, issued from Germany with an initial market price of 100%, featured a 0% interest rate and a stated semi-annual payment frequency, despite the absence of coupons, underscoring its unique structure prior to its scheduled redemption.