Bond Hessen-Thüringen Landesbank 2.85% ( DE000HLB88Q6 ) in EUR

Issuer	Hessen-Thüringen Landesbank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000HLB88Q6 ( in EUR )
Interest rate	2.85% per year ( payment 1 time a year)
Maturity	02/12/2024 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 EUR
Total amount	10 000 000 EUR
Detailed description	Helaba is a German Landesbank, serving Hesse and Thuringia, providing commercial and investment banking services to businesses, public institutions, and private individuals. A detailed review of the DE000HLB88Q6 bond, issued by Landesbank Hessen-Thueringen (Helaba), provides insight into this specific fixed-income instrument. Helaba is a significant German Landesbank, operating as a wholesale bank and a central institution for savings banks in the German states of Hesse and Thuringia, underscoring its pivotal role within the nation's public banking sector. This obligation, originating from Germany, was denominated in EUR and featured an annual interest rate of 2.85%. With a total issue size of EUR 10,000,000 and a minimum lot size for acquisition set at EUR 1,000, it aimed to accommodate a range of investors. Throughout its lifecycle, the bond maintained a market price of 100%, indicating consistent trading at par. Set to mature on December 2, 2024, with interest payments occurring annually (frequency of 1), this bond has now reached its full maturity and has been completely redeemed and repaid to its holders, concluding its tenure as an investment vehicle.