Bond LBBW Förderbank 0.01% ( DE000A289CL2 ) in EUR

Issuer	LBBW Förderbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000A289CL2 ( in EUR )
Interest rate	0.01% per year ( payment 1 time a year)
Maturity	20/01/2031
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Next Coupon	20/01/2027 ( In 291 days )
Detailed description	Landeskreditbank Baden-Württemberg (L-Bank) is a state-owned promotional bank in Baden-Württemberg, Germany, providing financing and support for businesses, municipalities, and individuals. This fixed-income security, identified by ISIN DE000A289CL2, is a bond issued by the Landeskreditbank Baden-Württemberg - Förderbank -, a prominent state development bank in Germany responsible for fostering economic growth and public welfare across Baden-Württemberg through various financing initiatives, whose inherent public-law status typically implies a robust credit profile; denominated in Euros (EUR) and originating from Germany, this instrument currently trades at 100% of its nominal value, offering a 0.01% annual interest rate, with interest payments made once a year until its maturity on January 20, 2031.