Bond Hessen-Thüringen Landesbank 0.2% ( DE000HLB29Z1 ) in EUR

Issuer	Hessen-Thüringen Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000HLB29Z1 ( in EUR )
Interest rate	0.2% per year ( payment 1 time a year)
Maturity	07/01/2028
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Minimal amount	50 000 EUR
Total amount	100 000 000 EUR
Next Coupon	07/01/2026 ( In 159 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 notable fixed-income offering currently circulating in the European financial markets is the bond issued by Landesbank Hessen-Thueringen (Helaba), uniquely identified by its International Securities Identification Number (ISIN) DE000HLB29Z1. This instrument is presently quoted at its par value of 100% on the market, signifying its current trading at par. The issuer, Landesbank Hessen-Thueringen, commonly known as Helaba, holds a significant position within Germany's public-sector banking framework. Functioning as a universal bank, Helaba serves as the central clearing institution for numerous savings banks in the federal states of Hesse and Thuringia, providing comprehensive financial services ranging from corporate and real estate finance to capital markets operations. Its ownership, predominantly held by the aforementioned federal states and their associated savings bank groups, contributes to its robust credit profile and systemic importance within the German financial ecosystem. This bond, denominated in Euro (EUR), carries an annual interest rate of 0.2%. The total nominal volume of the issuance stands at EUR 100,000,000, with a stipulated minimum lot size for investment of EUR 50,000. Investors will receive interest payments annually, and the bond is set to reach its maturity on July 1, 2028. The issuance originates from Germany, a country renowned for its stable economic environment and strong sovereign creditworthiness, further underlining the instrument's fundamental characteristics.