Bond Hessen-Thüringen Landesbank 1.9% ( DE000HLB77U1 ) in EUR

Issuer	Hessen-Thüringen Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000HLB77U1 ( in EUR )
Interest rate	1.9% per year ( payment 1 time a year)
Maturity	14/10/2025 - Bond has expired
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Minimal amount	/
Total amount	100 000 000 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. This financial article details a bond issuance, identified by the ISIN DE000HLB77U1, which is a debt instrument originating from Germany. The issuer of this specific bond is Landesbank Hessen-Thüringen Girozentrale, commonly known as Helaba, a prominent German Landesbank headquartered in Frankfurt am Main and Erfurt. Helaba plays a significant role within Germany's financial landscape, operating as a universal bank offering a comprehensive range of financial services including corporate banking, public finance, real estate finance, capital markets, and asset management. As a public-sector financial institution, it is jointly owned by the German federal states of Hesse and Thuringia, along with the savings bank associations of Hesse-Thuringia and North Rhine-Westphalia, thereby benefiting from a robust institutional backing within the Sparkassen-Finanzgruppe. The bond itself carries a fixed annual coupon rate of 1.9% and has a total issuance size of 100,000,000 EUR, with all payments denominated in Euros. It is currently trading at its par value of 100% on the market, reflecting its stable valuation. The maturity date for this bond is set for October 14, 2025, with interest payments scheduled annually.