Bond Hessen-Thüringen Landesbank 1.5% ( DE000HLB3811 ) in USD

Issuer	Hessen-Thüringen Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000HLB3811 ( in USD )
Interest rate	1.5% per year ( payment 2 times a year)
Maturity	23/01/2023 - Bond has expired
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Minimal amount	1 000 USD
Total amount	50 000 000 USD
Detailed description	Helaba is a German Landesbank, serving Hesse and Thuringia, providing commercial and investment banking services to businesses, public institutions, and private individuals. Focusing on the fixed-income market, a specific bond, identifiable by its ISIN DE000HLB3811, was issued by Landesbank Hessen-Thueringen, commonly known as Helaba. Helaba is a prominent German Landesbank headquartered in Frankfurt, Germany, operating as a wholesale bank and a central service provider for savings banks within the German public banking sector, with its bonds backed by the German federal state of Hesse and the Free State of Thuringia. This particular bond, issued in Germany and denominated in USD, carried an annual interest rate of 1.5% and represented a total issuance size of 50,000,000 USD, with a minimum purchase lot of 1,000 USD. Interest payments were made with a frequency of twice per year, indicating semi-annual disbursements. It is noteworthy that this bond reached its scheduled maturity on January 23, 2023, and was subsequently redeemed at its full par value of 100%, completing its lifecycle and returning capital to investors.