Bond Hessen-Thüringen Landesbank 3.1% ( DE000HLB7BZ5 ) in EUR

Issuer	Hessen-Thüringen Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000HLB7BZ5 ( in EUR )
Interest rate	3.1% per year ( payment 1 time a year)
Maturity	09/02/2027 - Bond has expired
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Minimal amount	/
Total amount	250 000 000 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. The bond identified by ISIN DE000HLB7BZ5, issued by the Landesbank Hessen-Thüringen Girozentrale (Helaba), a leading German Landesbank headquartered in Frankfurt, has successfully reached its maturity and been fully redeemed. Helaba, a pivotal institution within Germany's financial sector, serves as the central clearing bank for a significant portion of the Sparkassen (savings banks) and is extensively active in corporate banking, public finance, and capital markets, benefiting from its strong institutional ownership by the German federal states of Hesse and Thuringia. This particular debt instrument, denominated in Euros (EUR), featured an annual coupon rate of 3.1% and represented a substantial issuance with a total volume of ?250,000,000 from Germany. Originally issued with a maturity date of February 9, 2027, and scheduled for annual interest payments, the bond was successfully repaid at its par value of 100% upon its conclusion. The complete reimbursement of the principal amount to investors upon maturity underscores Helaba's robust financial health and its consistent fulfillment of its debt obligations, reinforcing confidence in debt instruments issued by prominent German financial institutions.