Bond Hessen-Thüringen Landesbank 1% ( DE000HLB5QV6 ) in EUR

Issuer	Hessen-Thüringen Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000HLB5QV6 ( in EUR )
Interest rate	1% per year ( payment 1 time a year)
Maturity	11/02/2037
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Minimal amount	1 000 EUR
Total amount	100 000 000 EUR
Next Coupon	11/02/2026 ( In 26 days )
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. This financial analysis focuses on a recently detailed debt instrument, an obligation identified by the ISIN DE000HLB5QV6, issued by Landesbank Hessen-Thüringen Girozentrale, commonly known as Helaba. As one of Germany's prominent Landesbanken, Helaba serves as a central clearing institution for the savings banks (Sparkassen) in the federal states of Hesse and Thuringia, while also engaging in extensive wholesale banking activities, including corporate finance, public sector lending, and international finance; this makes the issuer a key player within the German financial system, benefiting from a robust institutional framework and often perceived as a stable entity. The bond itself, issued out of Germany, is currently trading at par, reflecting a market price of 100% of its face value in Euros, and it carries an annual interest rate of 1%, providing a consistent income stream to investors. The total issuance size for this bond is substantial, amounting to EUR 100,000,000, catering to institutional and professional investors, while the minimum lot size for participation is set at EUR 1,000. This instrument has a long-term maturity profile, scheduled to mature on February 11, 2037, offering long-term exposure to the issuer's credit quality, with interest payments structured on an annual frequency, ensuring predictable cash flows for bondholders throughout its tenor.