Bond Hessen-Thüringen Landesbank 1.3% ( DE000HLB2MK5 ) in EUR

Issuer	Hessen-Thüringen Landesbank
Market price	100 % ▲
Country	Germany
ISIN code	DE000HLB2MK5 ( in EUR )
Interest rate	1.3% per year ( payment 1 time a year)
Maturity	01/10/2028
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Minimal amount	100 000 EUR
Total amount	5 000 000 EUR
Next Coupon	02/10/2025 ( In 33 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. Fixed Income Spotlight: Landesbank Hessen-Thueringen (Helaba) Bond Offering This financial overview details a specific bond issuance by Landesbank Hessen-Thueringen (Helaba), a prominent German Landesbank with a significant role in the country's financial landscape. As one of Germany's leading regional banks, Helaba serves as a central clearing institution for the Sparkassen (savings banks) in Hesse and Thuringia, while also providing comprehensive corporate banking, real estate finance, and public finance services. Owned predominantly by public sector entities, including the states of Hesse and Thuringia and regional savings bank associations, Helaba benefits from a strong institutional backing, contributing to its stable credit profile. The bond under consideration, identified by the ISIN code DE000HLB2MK5, is a fixed-income instrument issued from Germany, denominated in EUR. It currently trades at 100% of its nominal value on the market, indicating it is trading at par. Investors are offered an annual interest rate of 1.3%, with interest payments scheduled annually. The bond has a maturity date set for October 1, 2028. The total size of this particular bond issuance is EUR 5,000,000, with a specified minimum purchase lot of EUR 100,000, making it suitable for institutional or high-net-worth individual investors.