Bond Hessen-Thüringen Landesbank 0.375% ( DE000HLB2LC4 ) in EUR

Issuer	Hessen-Thüringen Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000HLB2LC4 ( in EUR )
Interest rate	0.375% per year ( payment 1 time a year)
Maturity	11/01/2027 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 000 EUR
Total amount	250 000 000 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. An analysis of the DE000HLB2LC4 bond reveals key insights into a fixed-income instrument recently brought to its conclusion. This specific obligation was issued by Landesbank Hessen-Thüringen Girozentrale, commonly known as Helaba, a prominent commercial bank and central institution for the Sparkassen-Finanzgruppe (Savings Banks Finance Group) in Hesse and Thuringia, Germany. Helaba holds a significant position within the German public sector banking landscape, playing a crucial role in providing financial services, interbank lending, and public development financing. The bond, denominated in Euro (EUR) and issued from Germany, carried a coupon interest rate of 0.375%. Its total issuance size amounted to ?250,000,000, with a minimum lot size for investment set at ?100,000, reflecting its typical institutional or sophisticated investor appeal. The instrument was structured with an annual payment frequency and matured on January 11, 2027. At the point of its maturity, the bond?s market price was 100%, indicating that it was repaid at par. Critically, this obligation has successfully reached its maturity date and has since been fully redeemed, signifying the completion of its lifecycle and the fulfillment of the issuer's financial commitment to bondholders.