Bond Hessen-Thüringen Landesbank 2.5% ( DE000HLB2HC2 ) in EUR

Issuer	Hessen-Thüringen Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000HLB2HC2 ( in EUR )
Interest rate	2.5% per year ( payment 1 time a year)
Maturity	02/10/2024 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	100 000 000 EUR
Detailed description	Landesbank Hessen-Thüringen Girozentrale (Helaba) is a German public-sector bank operating primarily in the states of Hesse and Thuringia, offering a range of financial services to corporate and public sector clients. This article provides information on a recently matured and redeemed bond issued by Landesbank Hessen-Thüringen Girozentrale, a prominent German commercial bank headquartered in Frankfurt am Main, which, as a public-sector financial institution, serves as a central institution for savings banks in the federal states of Hesse and Thuringia, operating a diverse range of banking services. The debt instrument, identified by ISIN DE000HLB2HC2, was an obligation denominated in EUR and issued from Germany, featuring a fixed annual interest rate of 2.5% with payments disbursed annually. With a total issue size of EUR 100,000,000 and a minimum investment denomination of EUR 1,000, the bond reached its scheduled maturity on October 2, 2024, at which point it was priced at 100% of its principal value on the market, signifying its full and timely redemption.