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ItalianoBond Landesbank Baden-Wuerttemberg (LBBW) 0.4% ( DE000LB13JL1 ) in EUR
| Issuer | Landesbank Baden-Wuerttemberg (LBBW) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market price |  93.13 % ▼ |
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| Country |  Germany
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| ISIN code |
 DE000LB13JL1 ( in EUR )
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| Interest rate | 0.4% per year ( payment 1 time a year) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maturity | 02/11/2029 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimal amount | / | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total amount | / | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Next Coupon | 02/12/2027 ( In 93 days ) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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. This financial article presents a detailed overview of a specific debt instrument, identified by its ISIN DE000LB13JL1, issued by Landesbank Baden-Wuerttemberg (LBBW), a prominent German Landesbank headquartered in Stuttgart, acting as a universal bank primarily serving Baden-Württemberg and its economy, majority-owned by the state of Baden-Württemberg and the region's savings banks, underlining its public mandate and stability within the German financial landscape. The bond, denominated in EUR, carries a modest fixed annual coupon rate of 0.4%, with interest payments disbursed once per year, and is set to mature on February 11, 2029, offering a medium-term investment horizon for bondholders. Currently, this security is trading on the market at 91.9% of its par value, indicating it is available at a discount, which implies a yield to maturity greater than its coupon rate for investors acquiring it at the current market price and holding it until its redemption in Germany. |
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