Bond Landesbank Baden-Wuerttemberg (LBBW) 2.2% ( DE000LB06EK8 ) in EUR
| Issuer | Landesbank Baden-Wuerttemberg (LBBW) | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country | Germany
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| ISIN code |
DE000LB06EK8 ( in EUR )
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| Interest rate | 2.2% per year ( payment 1 time a year) | ||||||
| Maturity | 13/07/2022 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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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. |
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