Bond Hessen-Thüringen Landesbank 0.18% ( DE000HLB1286 ) in EUR

Issuer	Hessen-Thüringen Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000HLB1286 ( in EUR )
Interest rate	0.18% per year ( payment 1 time a year)
Maturity	29/09/2022 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	50 000 000 EUR
Detailed description	Helaba is a German Landesbank, serving Hesse and Thuringia, providing commercial and investment banking services to businesses, public institutions, and private individuals. This financial overview details the bond identified by ISIN DE000HLB1286, a debt instrument issued in Germany by Landesbank Hessen-Thueringen (Helaba), which successfully matured on September 29, 2022, and has subsequently been fully redeemed at its 100% market price. Helaba, the issuing entity, is a prominent German Landesbank headquartered in Frankfurt am Main, operating as a multi-faceted financial institution that serves as a commercial bank, a central bank for numerous savings banks, and a development bank for the federal states of Hesse and Thuringia; its public-sector ownership underscores its integral role within the German financial system, contributing to regional development and public tasks alongside its commercial banking operations. This specific Euro-denominated bond featured a nominal interest rate of 0.18%, with interest payments disbursed annually, representing a payment frequency of one per year; the total issuance volume amounted to ?50,000,000, with a minimum lot size for investment or trading set at ?100,000, culminating in its full repayment to bondholders upon its stated maturity date.