Bond Hessen-Thüringen Landesbank 3% ( DE000HLB51X0 ) in EUR

Issuer Hessen-Thüringen Landesbank
Market price 100 %  ⇌ 
Country  Germany
ISIN code  DE000HLB51X0 ( in EUR )
Interest rate 3% per year ( payment 1 time a year)
Maturity 18/04/2024 - Bond has expired



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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 important development in the fixed-income market concerns the recent maturity and subsequent repayment of the bond identified by ISIN DE000HLB51X0, a security issued by Landesbank Hessen-Thüringen Girozentrale (Helaba), a prominent German public-sector bank that functions as the central institution for savings banks in Hesse and Thuringia while also conducting extensive commercial banking operations for corporate and institutional clients globally. This particular EUR-denominated obligation, originally issued in Germany, featured an annual interest rate of 3% with interest payments made once per year, and was recorded at a market price of 100% immediately prior to its maturity date of April 18, 2024, at which point the principal and all accrued interest were fully reimbursed to bondholders, concluding its lifecycle.