Bond Hessen-Thüringen Landesbank 3.34% ( DE000HLB1AH8 ) in EUR

Issuer	Hessen-Thüringen Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000HLB1AH8 ( in EUR )
Interest rate	3.34% per year ( payment 1 time a year)
Maturity	02/09/2030
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Minimal amount	100 000 EUR
Total amount	5 000 000 EUR
Next Coupon	02/09/2025 ( In 3 days )
Detailed description	Helaba is a German Landesbank, serving Hesse and Thuringia, providing commercial and investment banking services to businesses, public institutions, and private individuals. A detailed examination reveals a fixed-income instrument issued by Landesbank Hessen-Thueringen (Helaba), identified by the ISIN DE000HLB1AH8. Landesbank Hessen-Thueringen, commonly known as Helaba, is a prominent German commercial bank and one of the country's leading Landesbanken. As a public-sector financial institution, it serves as the central clearing institution for numerous savings banks within the federal states of Hesse and Thuringia, alongside providing a comprehensive range of banking services to corporate clients, real estate investors, and institutional customers both domestically and internationally. Its ownership structure, primarily comprising the Savings Banks and Giro Associations of Hesse and Thuringia, coupled with the states themselves, underpins its solid financial standing and strategic importance within the German financial landscape. This particular bond offering from Helaba presents key characteristics for investors. Denominated in EUR, the bond carries a fixed annual coupon rate of 3.34%, with payments scheduled once a year. The total issuance size for this bond is ?5,000,000, catering to investors with a minimum lot size requirement of ?100,000, indicating its targeting of institutional or sophisticated investors. Currently trading at par, the bond has a maturity date set for September 2, 2030. Issued from Germany, this bond represents a direct exposure to a well-established German financial institution within the Eurozone's stable economic environment.