Bond Badenia-Wuerttemberg Bank 2.2% ( DE000LB06EK8 ) in EUR

Issuer	Badenia-Wuerttemberg Bank
Market price	100 % ⇌
Country	Germany
ISIN code	DE000LB06EK8 ( in EUR )
Interest rate	2.2% per year ( payment 1 time a year)
Maturity	13/07/2022 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	50 000 000 EUR
Detailed description	Landesbank Baden-Württemberg (LBBW) is a German public-sector bank headquartered in Stuttgart, offering a wide range of financial services to corporate and public-sector clients, both domestically and internationally. The financial market recently noted the successful redemption of the bond identified by ISIN DE000LB06EK8, issued by Landesbank Baden-Wuerttemberg (LBBW), a prominent universal bank in Germany deeply rooted in the state of Baden-Württemberg, which serves public sector entities, corporate clients, and retail customers, playing a significant role in regional economic development. This specific fixed-income instrument, denominated in EUR, featured an annual interest rate of 2.2% and represented a total issuance size of 50,000,000 EUR, with a minimum lot size for investment set at 1,000 EUR. Originating from Germany, the bond reached its scheduled maturity date on July 13, 2022, and as confirmed by its 100% market price at redemption, it has been fully repaid to its holders.