Bond Hessen-Thüringen Landesbank 0.55% ( DE000HLB29A4 ) in EUR

Issuer	Hessen-Thüringen Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000HLB29A4 ( in EUR )
Interest rate	0.55% per year ( payment 1 time a year)
Maturity	03/12/2030
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Minimal amount	50 000 EUR
Total amount	100 000 000 EUR
Next Coupon	03/12/2025 ( In 124 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. This financial analysis focuses on a specific fixed-income instrument, identified by its International Securities Identification Number (ISIN) DE000HLB29A4, which is an obligation issued by Landesbank Hessen-Thueringen (Helaba). Helaba is a prominent German Landesbank, a public-sector financial institution primarily owned by the Sparkassen-Finanzgruppe (the German Savings Banks Association) in Hesse and Thuringia, and by the federal states of Hesse and Thuringia themselves, granting it a robust credit profile often benefiting from implicit or explicit public-sector backing due to its strategic importance in regional economic development and public finance within Germany. Its operational scope includes wholesale banking, corporate finance, and public-sector lending, reinforcing its position as a stable and systemically relevant entity in the European financial landscape. The bond itself was issued in Germany, a highly stable and AAA-rated sovereign economy within the Eurozone, and is denominated in Euros (EUR), one of the world's leading reserve currencies, thereby mitigating currency risk for Euro-based investors. It features a fixed annual coupon rate of 0.55%, providing a consistent income stream to bondholders, with a maturity date firmly set for December 3, 2030, offering a medium-to-long term investment horizon. The total issuance volume for this particular obligation amounts to ?100,000,000, ensuring a degree of liquidity within institutional debt markets. Currently, the bond is actively traded at 100% of its nominal value on the secondary market, indicating it is trading at par and reflecting a market yield that closely aligns with its coupon rate given the prevailing interest rate environment for high-quality issuers. The minimum investment lot size is specified at ?50,000, which suggests this bond is primarily targeted towards institutional investors or high-net-worth individuals seeking exposure to high-quality German debt, with interest payments scheduled on an annual frequency.