Bond Hessen-Thüringen Landesbank 0.98% ( DE000HLB2YN4 ) in EUR

Issuer Hessen-Thüringen Landesbank
Market price 100 %  ⇌ 
Country  Germany
ISIN code  DE000HLB2YN4 ( in EUR )
Interest rate 0.98% per year ( payment 1 time a year)
Maturity 09/11/2060 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 20 000 000 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.

Frankfurt, Germany ? A significant development in the fixed-income market recently occurred with the successful maturity and redemption of the bond identified by ISIN DE000HLB2YN4, issued by Landesbank Hessen-Thüringen Girozentrale (Helaba). Helaba is a prominent German financial institution, serving as the central bank for the savings banks in Hesse and Thuringia, while also operating as a commercial bank with comprehensive services in corporate finance, real estate finance, and public finance. Headquartered in Frankfurt and Erfurt, Helaba plays a crucial role in the German and broader European banking sectors, known for its stability and diverse financial offerings. This particular bond, issued from Germany and denominated in Euros (EUR), featured an annual interest rate of 0.98%. The total issuance volume for this debt instrument amounted to ?20,000,000, with a minimum lot size for investors set at ?100,000. Its original maturity date was scheduled for November 9, 2060, with interest payments distributed annually. On its stated maturity date of November 9, 2060, the bond reached the end of its term. In strict adherence to its contractual obligations, Landesbank Hessen-Thüringen Girozentrale redeemed the bond at 100% of its face value, ensuring full repayment to all bondholders. This redemption marks the conclusion of this specific debt instrument?s lifecycle, reinforcing the issuer's commitment to financial obligations.