Bond Hessen-Thüringen Landesbank 0% ( DE000HLB1GY0 ) in EUR

Issuer	Hessen-Thüringen Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000HLB1GY0 ( in EUR )
Interest rate	0%
Maturity	12/09/2022 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	10 000 000 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. A recent review of bond market instruments highlights the status of the DE000HLB1GY0 bond, issued by Landesbank Hessen-Thueringen (Helaba), a prominent German commercial bank headquartered in Frankfurt am Main, which serves a wide array of clients including corporate and institutional entities, as well as public-sector bodies, while also engaging in private banking, thereby solidifying its essential role in supporting the economies of the federal states of Hesse and Thuringia as a leading regional financial institution; this particular debt instrument, characterized by a zero-coupon interest rate and denominated in Euros, possessed an initial total issue size of EUR 10,000,000 and a minimum purchase threshold of EUR 1,000, and having originated from Germany, it successfully reached its scheduled maturity date on September 12, 2022, at which point it was fully redeemed at its 100% face value, thus completing its lifecycle as a successfully concluded investment.