Bond LBBW 0.69% ( DE000LB13WQ3 ) in EUR

Issuer	LBBW
Market price	100 % ▲
Country	Germany
ISIN code	DE000LB13WQ3 ( in EUR )
Interest rate	0.69% per year ( payment 1 time a year)
Maturity	19/04/2034
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	50 000 EUR
Total amount	24 000 000 EUR
Next Coupon	20/04/2026 ( In 176 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. The financial markets are currently featuring a bond issuance, identified by the International Securities Identification Number (ISIN) DE000LB13WQ3, originating from Germany. This Euro-denominated debt instrument, presently trading at 100% of its nominal value, offers a fixed annual interest rate of 0.69%, providing a predictable income stream to investors until its maturity on April 19, 2034. The total volume for this particular issuance stands at EUR 24,000,000, with a stipulated minimum lot size for investment of EUR 50,000, catering primarily to institutional or sophisticated investors. The esteemed issuer of this bond is Landesbank Baden-Württemberg (LBBW), one of Germany's largest and most prominent state-backed banks, headquartered in Stuttgart. LBBW operates as a universal bank, serving a diverse clientele that spans retail customers, corporate clients, and public sector entities, providing a comprehensive array of financial services ranging from commercial banking and asset management to capital market operations. Its position as a significant financial institution within the robust German economy, coupled with its public ownership structure, underpins the credit profile of this bond, making it a relevant consideration for fixed-income portfolios seeking exposure to a stable European sovereign entity.