Bond LBBW Förderbank 4.509% ( DE000A2E4UK7 ) in EUR

Issuer	LBBW Förderbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000A2E4UK7 ( in EUR )
Interest rate	4.509% per year ( payment 2 times a year)
Maturity	03/08/2023 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	140 000 000 EUR
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. A recently matured bond, identified by ISIN DE000A2E4UK7, was issued by Landeskreditbank Baden-Württemberg - Förderbank -, commonly known as L-Bank, which functions as the state development bank for Baden-Württemberg, Germany, dedicated to supporting the region's economy, housing, and infrastructure; this EUR-denominated bond, with a total issue size of EUR 140,000,000 and a minimum lot size of EUR 100,000, featured a 4.509% interest rate with payments typically occurring twice annually, and reached its maturity on August 3, 2023, having been subsequently redeemed at 100% of its nominal value.