Bond Hessen-Thüringen Landesbank 0.62% ( DE000HLB40N4 ) in EUR

Issuer	Hessen-Thüringen Landesbank
Market price	86.91 % ▲
Country	Germany
ISIN code	DE000HLB40N4 ( in EUR )
Interest rate	0.62% per year ( payment 1 time a year)
Maturity	22/09/2030
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Minimal amount	100 000 EUR
Total amount	100 000 000 EUR
Next Coupon	23/09/2025 ( In 53 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. An analysis of the fixed-income market reveals a notable offering in the form of the DE000HLB40N4 bond, issued by Landesbank Hessen-Thüringen (Helaba), a prominent German public-sector financial institution. Helaba serves as a universal bank for large corporate and institutional clients, providing a comprehensive range of financial services including corporate banking, capital markets activities, and public finance, primarily operating within the states of Hessen and Thüringen and often acting as the central institution for the Sparkassen-Finanzgruppe (Savings Banks Finance Group) in its home region. This debt instrument, denominated in Euros (EUR) and originating from Germany, carries a nominal interest rate (coupon) of 0.62%, with interest payments made annually. The bond is set to mature on September 22, 2030, representing a medium-to-long term investment horizon. With a total issuance size of EUR 100,000,000 and a minimum trading increment of EUR 100,000, it caters primarily to institutional investors or those seeking significant exposure. Currently trading at 86.91% of its par value on the secondary market, this discount pricing indicates that its yield to maturity is notably higher than its coupon rate, reflecting current market conditions and interest rate expectations since its issuance.